Form Nyc 399z - Depreciation Adjustments For Certain Post 9/10/01 Property
ADVERTISEMENT
1DEPRECIATION ADJUSTMENTS FOR
N Y C
CERTAIN POST 9/10/01 PROPERTY
399Z
F I N A N C E
NEW YORK
For CALENDAR YEAR _______ or FISCAL YEAR beginning ________________ , _______ and ending ________________ , _______
Name
EMPLOYER IDENTIFICATION NUMBER
Print or
Type
SOCIAL SECURITY NUMBER
Federal Form 4562 (rev. March 2002) must accompany this form.
This schedule must be attached to your applicable New York City tax return.
See instructions on back.
Attach rider
SCHEDULE A
Computation of allowable New York City depreciation for current year
if necessary
E
B
C
D
F
G
H
I
A
Description
Method of
Life
Class of
Date Placed
Cost
Accumulated NYC
Federal
Allowable
of
in Service:
or
Depreciation
Figuring NYC
or
Property
Depreciation Taken
New York City
Property
mo/day/yr
Other Basis
Depreciation
Rate
Depreciation
in Prior Years
1. Total columns D, E, F, and I .............
Enter total of columns F and I on line 4 and line 5 of Schedule C below. (See instructions on back.)
Attach rider
SCHEDULE B
D i s p o s i t i o n a d j u s t m e n t
if necessary
For each item of property listed below, determine the difference between federal and New York City §167 deductions used in the computation of federal and
New York City taxable income in prior years.
If federal deduction exceeds New York City deduction, subtract column E from column D and enter in column F.
If New York City deduction exceeds federal, subtract column D from column E and enter in column G.
D
E
F
G
A
B
C
Class of
Date Placed
Description
Total Federal
Total NYC
Adjustment
Adjustment
Property
in Service:
of Property
Depreciation Taken
Depreciation Taken
(D minus E)
(E minus D)
mo/day/yr
(ACRS)
2. Total excess federal depreciation over NYC depreciation (see instructions) ...........................
3. Total excess NYC depreciation over federal depreciation (see instructions) ...............................................................
Computation of adjustments to New York City income
SCHEDULE C
A.
B.
Federal
New York City
4. Enter amount from Schedule A, line 1, column F ..................................
5. Enter amount from Schedule A, line1, column I ....................................
6. Enter amount from Schedule B, line 2 ...................................................
7. Enter amount from Schedule B, line 3 ...................................................
8. Totals: column A, lines 4 and 7; column B, lines 5 and 6 .....................
Enter the amount on column A, line 8, as an addition and the amount on column B, line 8 as a deduction on the applica-
ble New York City return. (See instructions)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial