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- Nonresident NYC (City) k-1 questions?
Nonresident NYC (City) k-1 questions?
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ricklang99
Level 3
10-18-2022
01:02 PM
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Client received both a NY K-1 and NYC K-1. Client is a non-resident of NY. No problem with the NY k-1, however, I do have issues with the NYC k-1.
The NYC k-1 shows nonresident NYC withholding and Lacerte directs me (in the k-1 input section) to record this withholding on a 1099. In any case, the return has been rejected by NY. Any suggestions would be greatly appreciated.
I'm also confused as to why there is even NYC nonresident withholding, since I thought non residents of NYC are NOT subject to NYC tax. The NYC income on the NYC K-1 also seems to be subject to NYC tax, however, again I'm confused as to why since he is a nonresident. (My client is a partner in the company and it has offices in NYC, however, as mentioned, he does not reside in NYC and is only there are a very part-time basis).
thanks in advance for any help
Rick
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