Form It-399 - New York State Depreciation Schedule - 2011
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1
2IT-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 attach this form to 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
( attach schedule if needed )
1 Enter column F and column G totals ...............................................................
1.
If you are filing Form:
transfer the column F total to:
transfer the column G total to:
IT-201
line 31
line 23
IT-203
line 29
line 22
IT-204
line 109
line 107
IT-205
line 68
line 65
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
( attach schedule if needed )
2 Enter column D and column E totals ...............................................................
2.
3 Enter amount from line 2, column D or column E, whichever is larger ...................................................
3.
4 Enter amount from line 2, column D or column E, whichever is smaller ................................................
4.
5 Subtract line 4 from line 3 .......................................................................................................................
5.
If you are filing Form:
and column D is larger than column E,
and column E is larger than column D,
transfer line 5 amount to:
transfer line 5 amount to:
IT-201
line 23
line 31
IT-203
line 22
line 29
IT-204
line 107
line 109
IT-205
line 65
line 68
Instructions
General instructions
New York State does not allow the federal ACRS depreciation
deduction for property (except for property classified as
Use this form to compute your New York adjustments for New York
IRC section 280F property) placed in service inside or outside New York
depreciation and federal accelerated cost recovery system (ACRS)
State during tax years 1981, 1982, 1983, 1984, and fiscal years
depreciation for property placed in service inside or outside New York
beginning in 1984. You must compute your New York depreciation by
State in tax years beginning after December 31, 1980, but before
using one of the methods provided for in IRC section 167 as it was in
January 1, 1985, and if you elect to continue using Internal Revenue
effect on December 31, 1980 (for example, straight line or declining
Code (IRC) section 167 depreciation for property placed in service
balance). You may take the deduction for New York depreciation until
outside New York State in tax years beginning after December 31, 1984,
the property is fully depreciated or disposed of.
but before January 1, 1994.
3991110094
Please file this original scannable attachment with the Tax Department.
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