NY Form IT-214

[Don in Upstate NY]

New York Form IT-214 provides a refundible credit to low income property owners or renters. The income criteria is based on total household income, both taxable and non-taxable, with certain exceptions.

The instructions for Line 11 say ...

Enter on line 11 social security payments not included on line 9 (AGI), including all payments received under the Social Security Act and veterans disability pensions, reduced by any Medicare premiums deducted from your benefit, reported on Federal Form SSA-1099,

TRX carries the social security amount from the SS worksheet, but does not reduce it by the Medicare premiums also on that worksheet.

[Mike D]

This post belongs in the TRX Tax Wowks Pending Issues for Ryan post as he will preview this location from time to time.

Good luck

Mike Dubin CPA