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Bookmark this and Refresh it often:
https://www.tax.ny.gov/pit/cares-act-faq.htm
NY has "rolling conformity" and they are keeping their websites updated very well.
"Under longstanding New York State law, unemployment compensation is subject to tax, which means you should report the full amount of unemployment compensation on your New York State personal income tax return. If you exclude unemployment compensation on your federal return, as allowed under the American Rescue Plan Act of 2021, you must add back the excluded unemployment compensation on your New York State return.
Form IT-558, New York State Adjustments due to Decoupling from the IRC, has been updated to report this add-back as adjustment code A-011. See Personal income tax up-to-date information for 2020 (Articles 22 and 30).
If you have not yet filed your 2020 New York State return, and file using software, the software should already account for this update and add back the unemployment compensation excluded from federal gross income. If you do not file using software, make sure to add back the federal unemployment compensation exclusion.
If you already filed your 2020 New York State return, and you did not add back unemployment compensation that was excluded from your federal gross income, then you must file an amended return with New York State. If you did not exclude unemployment compensation from your federal gross income, do not file an amended return with New York State."
And even with Filing Dates making a difference, for those who filed before a software update, and those who filed after one...
"Media Alert: Tedisco to Bring Bi-Partisan Bill for Tax Break for New York’s Jobless to Senate Floor
March 31, 2021
Today at 3 p.m., during the NYS Senate Session, Senator Jim Tedisco (R,C-Glenville) will offer a bi-partisan bill as an amendment on the Senate Floor a bi-partisan bill to exclude unemployment benefits from taxable income for those impacted by the pandemic, to be consistent with the federal government.
You can view the Senate Session starting at 3 p.m. by clicking here.
Last week, after Tedisco’s prodding, the Governor moved New York State’s income tax deadline from April 15th to May 17th to be in line with the federal government. However, the Governor has refused to follow the federal government’s lead and exclude the first $10,200 of unemployment benefits from 2020 taxable income.
Tedisco and the Senate Republican’s amendment on the Senate Floor is legislation sponsored by Senate Majority member Senator Simcha Felder, Senate Bill S.5125A.
According to the Department of Labor, 4.6 million New Yorkers received unemployment and pandemic unemployment benefits since the start of the COVID-19 pandemic last year. The $10,200 in tax relief in this measure would cover 17 weeks of the $600 per week unemployment benefit. California, New Jersey, Oregon, Delaware, Pennsylvania and Virginia exempt unemployment insurance benefits.'
(So does Montana)
"I am not happy that I spent a lot of money on software that is not effectively keeping the software up to date."
So, put blame on Legislators for not doing their jobs in a timely fashion.
"Level Up" is a gaming function, not a real life function.
