Browse articles

Onvio Tax calculates New York adjusted gross income starting with federal adjusted gross income. This calculation is displayed on the New York Tax Worksheet. For details on how the federal AGI is calculated, see the federal Form 1041 instructions; also note that the AGI is not the same as the adjusted total income on Form 1041, line 17. If the federal adjusted gross income is a negative amount, the application starts with the negative amount (rather than zero) and adjust for any modifications relating to principal and the fiduciary share of additions and subtractions. The application uses only the administrative costs allowed for the federal AGI calculation in the New York AGI calculation.

New York overview (1041)