New York – Paid Family Leave

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  • #5337
    esetter
    Participant

    Does anyone know whether paid family leave (paid by an insurance company and reported on a 1099-MISC) is considered taxable income in New York State and New York City? I know it is taxable income for Federal purposes.

    #5350
    ruth
    Participant

    New York and NYC tax all income that is included in federal AGI unless there is a specific provision in state or city law that allows a subtraction for a specific item of income included in federal AGI (for example, the first $20,000 of pension income included in federal AGI). I looked at the list of subtractions in the IT-201 instruction book and found no subtraction for family leave payments.

    • This reply was modified 3 weeks, 3 days ago by ruth.
    #5352
    esetter
    Participant

    Makes sense. Thank you very much.

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