True/False

1)A nonresident of New York earns $250,000 in 2018 as an employee of a New York business. The taxpayer performed half of his services in New York and the other half at his home in New Jersey because his employer allowed him to work at home several days a week. All of the income is New York source income.

2)A NY nonresident for taxpayer purposes earns $300,000 in 2018 as an employee of a New York business. The taxpayer performed services in New York and in other states for the necessity of his employer. The taxpayer worked 50 days in New York, 38 days in New Jersey, 22 days in Florida and 90 days in California. Only $225,000 of wages is subject to New York tax.

3)A New York nonresident for tax purposes receives a dividend based on his ownership of IBM stock New York State can tax the income but only if the taxpayer lives in New York for 200 days in the year the income is received.

4)A New York nonresident for tax purposes sells his interest in a New Jersey partnership. The New Jersey partnership owns assets consisting of a building on Madison Avenue in New York and stocks and bonds in several fortune 500 companies. The total value of all of the assets is $20 million dollars. The value of the building and the land is $15 million dollars. The sale proceeds are subject to New York tax.