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IT 2105.9 FORM LINE `6 WORKSHEET

Hello everyoneIMG-4111.jpg can anyone explain to me it 2105.9  line 1 and 2 the red areas on what i have to put there. Im a bit confused on this part thanks 

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DTNY07
Level 5

Line 1 is the tax liability from the 2019 prior year return.  Total tax meaning NYS and NYC (assuming they are a NYC  resident)

Line 2 is the total of the various credits from the 2019 return that reduced the tax liability from Line 1 

 

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So the client needs to provide 2019 tax return basically in order to calculate this 

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DTNY07
Level 5

Yes.  I always ask for a copy of the  prior year return for a new client.  For things like this, for stock loss carryforwards, for NOLs, etc. 

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