Form It-399 - New York State Depreciation Schedule - 2014

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IT-399
New York State Department of Taxation and Finance
New York State Depreciation Schedule
Identifying number as shown on return
Name(s) as shown on return
Mark an X in one box to show the income tax return you are filing and submit this form with that return.
IT-201, Resident
IT-203, Nonresident and part-year resident
IT-204, Partnership
IT-205, Fiduciary
Part 1 – Depreciation information for property (except for section 280F property) placed in service inside or outside New York State in
tax years beginning after December 31, 1980, but before January 1, 1985, and if you elect to continue using IRC section 167
depreciation for property placed in service outside New York State in tax years beginning after December 31, 1984, but before
January 1, 1994
(see instructions)
A
B
C
D
E
F
G
Description of property
Date placed
Depreciable
Depreciation
Life or
New York
Federal ACRS
in service
basis
method
rate
depreciation
deduction
(submit schedule if needed)
.
.
.
00
00
00
.
.
.
00
00
00
.
.
.
00
00
00
1 Enter column F and column G totals ................................................................
.
.
1
00
00
Transfer the column F total to:
Transfer the column G total to:
Form IT-225, line 10, Total amount column
Form IT-225, line 1, Total amount column
and enter S-210 in the Number column.
and enter A-205 in the Number column.
Part 2 – Year-of-disposition adjustment for property (except for section 280F property) placed in service inside or outside New York
State in tax years beginning after December 31, 1980, but before January 1, 1985, and for property placed in service outside
New York State in tax years beginning after December 31, 1984, but before January 1, 1994
(see instructions)
A
B
C
D
E
Description of property
Date of
Method of
Amount of New
Amount of
disposition
disposition
York depreciation
ACRS deduction
(submit schedule if needed)
.
.
00
00
.
.
00
00
.
.
00
00
2 Enter column D and column E totals ................................................................
.
.
2
00
00
3 Enter amount from line 2, column D or column E, whichever is larger ...................................................
.
3
00
4 Enter amount from line 2, column D or column E, whichever is smaller .................................................
.
4
00
5 Subtract line 4 from line 3 .......................................................................................................................
.
5
00
If column D is larger than column E,
If column E is larger than column D,
transfer line 5 amount to:
transfer line 5 amount to:
Form IT-225, line 1, Total amount column
Form IT-225, line 10, Total amount column
and enter A-206 in the Number column.
and enter S-211 in the Number column.
Instructions
New York State does not allow the federal ACRS depreciation deduction
General instructions
for property (except for property classified as IRC section 280F property)
Use this form to compute your New York adjustments for New York
placed in service inside or outside New York State during tax years 1981,
depreciation and federal accelerated cost recovery system (ACRS)
1982, 1983, 1984, and fiscal years beginning in 1984. You must compute
depreciation for property placed in service inside or outside New York
your New York depreciation by using one of the methods provided for in
State in tax years beginning after December 31, 1980, but before
IRC section 167 as it was in effect on December 31, 1980 (for example,
January 1, 1985, and if you elect to continue using Internal Revenue
straight line or declining balance). You may take the deduction for
Code (IRC) section 167 depreciation for property placed in service
New York depreciation until the property is fully depreciated or disposed
outside New York State in tax years beginning after December 31, 1984,
of.
but before January 1, 1994.
399001140094

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