Form Nyc-204 - Unincorporated Business Tax Return - 2006 Page 5
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5Form NYC-204 - 2006
Page 5
Name
EIN
S C H E D U L E F
New York City Net Operating Loss Carryforward Deduction
.
.
COMPLETE A SEPARATE SCHEDULE FOR EACH LOSS YEAR
ATTACH A DETAILED SCHEDULE FOR EACH APPLICABLE LINE
1. Enter allocated NYC net operating loss amount incurred for loss year ended:
...............1.
2. Enter amount of line 1 previously absorbed by year ended:
2.
3
3.
Enter amount of line 1 previously absorbed by year ended:
4. Enter amount of line 1 previously absorbed by year ended:
4.
5. Add lines 2, 3 and 4 plus any additional year(s) ........................................................................................................5.
6. Subtract line 5 from line 1 .........................................................................................................................................6.
7. Enter the amount from page 1, Schedule A, line 10...................................................................................................7.
8. Enter the lesser of line 6 or 7 .....................................................................................................................................8.
9. Compute and enter the total percentage interests in income and deductions for the loss year
%
of partners who were also partners during 2006 ........................................................................................................9.
10.
80%? ......................
IS THIS TOTAL PERCENTAGE EQUAL TO OR GREATER THAN
YES
NO
"
,"
2006.
.
IF
NO
THE LOSS DEDUCTION IS ABSORBED AND IS NOT TO BE APPLIED TO
DO NOT CONTINUE
11. Compute and enter total percentage interests in income and deductions for 2006 of those partners
who were partners in both the loss year and 2006 ...................................................................................................11.
%
12. Multiply line 11 (loss limitation percentage) by line 8. This is your net operating loss deduction.
(enter here and transfer amount to page 1, Schedule A, line 11) ...........................................................................12.
S C H E D U L E G
The following information must be entered for this return to be complete.
1. Nature of business or profession: _______________________________________________________________________
2. Did you file a New York City Partnership Return for the following years:.................2004 ......
YES
NO
2005.......
YES
NO
If
"NO,"
state reason: _________________________________________________________________________________________________
3. If business terminated during the current taxable year, state date terminated.
I_______I_______I_______I
(mm/dd/yy)
(Attach a statement showing disposition of business property.)
4. Has the Internal Revenue Service or the New York State Department of Taxation and Finance increased or decreased any taxable income report-
ed in any tax period, or are you currently being audited ? ...................................................................................................................
YES
NO
Internal Revenue Service
If "YES", by whom? .............
State period(s): Beg.:_____/______/_____ End.:_____/______/_____
MMDDYY
MMDDYY
New York State Department of Taxation and Finance
State period(s): Beg.:_____/______/_____ End.:_____/______/_____
MMDDYY
MMDDYY
5. Has Form NYC-115 (Report of Federal/State Change in Taxable Income) been filed?.......................................................
YES
NO
6.
Did you calculate a depreciation deduction by the application of the federal Accelerated Cost Recovery System (ACRS)? (see instr.)
...
YES
NO
7. Were you a participant in a "Safe Harbor Leasing" transaction during the period covered by this return? ..........................
YES
NO
8. At any time during the taxable year, did the partnership have an interest in real property (including a leasehold
interest) located in NYC or in an entity owning such real property? .....................................................................................
YES
NO
9. If "YES" to 8:
a) Attach a schedule of the property, indicating the nature of the interest and including the street address, borough, block and lot number.
b) Was any NYC real property (including a leasehold interest) or interest in an entity owning NYC real property,
acquired or transferred with or without consideration?...................................................................................................
YES
NO
c) Was there a partial or complete liquidation of the partnership? .....................................................................................
YES
NO
d)
..
YES
NO
Was 50% or more of the partnership ownership transferred during the tax year, over a three-year period, or according to a plan?
10. If "YES" to 9b, 9c or 9d, was a Real Property Transfer Tax Return filed? ............................................................................
YES
NO
11. If "NO" to 10, explain:
_________________________________________________________________________________________________
_________________________________________________________________________________________________
CERTIFICATION
I hereby certify that this return, including any accompanying rider, is, to the best of my knowledge and belief, true, correct and complete.
I authorize the Dept. of Finance to discuss this return with the preparer listed below. (see instructions) .................YES
S
IGN
Preparer's Social Security Number or PTIN
Signature of partner
Title
Date
HERE
Preparer's
Preparer’s
P
'
signature:
printed name:
Date
REPARER
S
Firm's Employer Identification Number
USE
Check if self-
ONLY
employed:
Firm's name
Address
Zip Code
The due date for calendar year 2006 is on or before April 16, 2007.
To receive proper credit, you must enter your correct Employer
For fiscal years beginning in 2006 file on or before the 15th day of
Identification Number on your tax return and remittance. Make remit-
tance payable to the order of: NYC DEPARTMENT OF FINANCE.
the 4th month following the close of the fiscal year.
Payment must be made in U.S. dollars, drawn on a U.S. bank.
60450691
SEE OVER FOR MAILING INSTRUCTIONS
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