Instructions For Form Nyc-1127 For Nonresident Employees Of The City Of New York Hired On Or After January 4, 1973

Instructions for Form NYC-1127 2001

Page 2

SP E C I F I C IN S T R U C T I O N S

New York State return for 2001, it

LINE 45 - TOTAL NEW YORK CITY

may be to your advantage to report

INCOME

In order to complete lines 1 through 30 on

the total income, adjustments, modifi-

Enter as total New York City income the

cations, deductions and exemptions

amount reported on line 30, page 1, col-

page 1, and lines 31 through 49 on page 2

of Form NYC-1127, it will be necessary for

shown on the joint State returns.

umn B.

you to refer to the instructions for filing

Enter on column A the federal

Form IT-201 (Resident Income Tax Form -

amounts as they appear on your joint

LINE 46a - LIMITATION

State tax return and transfer the

State of New York) or Form IT-203 (Non-

PERCENTAGE

resident and Part--Year Resident Income

amount reported on line 30 of column

The New York City deduction is 100% of

Tax Form - State of New York). Booklets

A to line 30 of column B.

line 44b, unless you file a joint New York

IT-201-I or IT-203-I, issued by the New

State return with your spouse whose

2. Married employee whose spouse is

York State Department of Taxation and

income has not been included in NYC-

Finance, can be obtained from any District

also NYC employee subject to Section

1127. The limitation percentage should be

Tax Office of the New York State Income

1127

computed if you file a joint New York State

Tax Bureau.

tax return with your spouse whose income

has not been included in Form NYC-1127.

Where your spouse is also an employee of

LINES 1 through 30 - FEDERAL

the City of New York subject to Section

To compute the limitation percentage,

INCOME AND NEW YORK STATE

1127 of the New York City Charter, the fol-

divide the total New York City income

ADJUSTMENTS

lowing rule applies:

from line 30, column B by total New York

You must include on your Form NYC-1127

City income from line 30, column A. Enter

every item of income required to be

If you and your spouse file a joint New

the percentage in the area provided on line

reported whether or not derived from New

York State return for 2001, and you

46a.

York City sources.

were both employees of the City of

New York subject to Section 1127 of

LINE 46b - ITEMIZED OR

Column A - FEDERAL AMOUNT

the NYC Charter for the same period

STANDARD DEDUCTION

Enter in column A the federal amounts of

of time in 2001, enter on column A the

Check either the itemized deduction or

the listed items as they appear on your

federal amounts as they appear on

standard deduction box, whichever is

New York State tax return (Forms IT-200,

your State tax return, and transfer the

applicable.

IT-201, or IT-203).

amount reported on line 30 of column

Column B - SECTION 1127 EMPLOYEE

A to line 30 of column B.

If you are claiming itemized deductions

and you file a joint New York State tax

1. Married employee whose spouse is

NOTE

return with your spouse whose income

not a resident or NYC employee

If you and your spouse file separate

has not been included in Form NYC-1127,

New York State tax returns for 2001,

the limitation percentage should be

you should each file a separate Form

Where your spouse is not a resident or an

applied to the amount on line 44b. Enter,

NYC-1127.

employee of the City of New York subject

in the work space provided, the appropri-

to Section 1127 of the New York City

ate itemized deduction amount from line

3. Unmarried employee or head of

Charter, the following rules apply:

44b. Multiply this amount by the limitation

household

percentage from line 46a and enter the

If you and your spouse file separate

result on line 46b.

Transfer the amount reported on line 30 of

New York State tax returns for 2001

column A to line 30 of column B.

If claiming itemized deductions which per-

or your spouse does not file a New

tain solely to the Section 1127 employee’s

York State tax return, transfer the

LINES 31 through 61

occupation (e.g., expenses for uniforms,

amount reported on line 30 of column

If you filed a joint federal return and a sep-

etc.) you may subtract those amounts

A to line 30 of column B.

arate New York State return, complete

from the total itemized deduction amount

lines 31 through 43 as reported on your

on line 44b before applying the limitation

If you and your spouse file a joint New

New York State return.

percentage, and then add them back to the

York State return for 2001 and you do

result. Enter the total of the two amounts

not wish to include your spouse’s

LINE 43 - NEW YORK STATE ITEM-

on line 46b. (Attach a schedule showing

income in your computation, enter in

IZED DEDUCTION

your computation.)

column B your separate amounts of

ADJUSTMENT

income and adjustments and New

If you are electing to take the standard

Enter the amount of your New York State

York additions and subtractions.

deduction, enter on line 46b the appropri-

itemized deduction adjustment from Form

ate amount listed on page 4. If you are

IT-201-ATT, Part I, line 13, or Form IT-203-

NOTE

electing to take the standard deduc-

ATT, Schedule C, line 14. If line 30 of

If your spouse’s income is not includ-

tion and you file a joint New York

Form NYC-1127 is $100,000 or less, enter

ed in your computation, you must use

State tax return with your spouse

“0” on line 43. Otherwise, refer to Form IT-

the Schedule C rate table (married fil-

whose income has not been included

201-ATT or IT-203-ATT instructions regard-

ing separately) on page 4.

in Form NYC-1127, the standard

ing New York itemized deductions.

deduction allowable for the entire year

If you and your spouse file a joint

is $6,500.

Instructions For Form Nyc-1127 For Nonresident Employees Of The City Of New York Hired On Or After January 4, 1973 - 2001 Page 2

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