Form It-205-A - Fiduciary Allocation - 2011 Page 3
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4IT-205-A (2011) Page 3 of 4
Schedule 6 — Computation of New York charitable deduction
47
Amounts paid or permanently set aside for New York charitable purposes from gross income
............ 47.
( see instructions )
48
Tax-exempt income from sources outside New York State allocable
to New York charitable contribution ........................................................................... 48.
(Complete lines 49 through 52 below only if gain on line 74, column 2,
exceeds loss on line 73, column 2.)
49
Long-term capital gain included on line 47 .................................................................... 49.
50
Enter gain from line 74, column 2, minus loss from line 73, column 2 .......................... 50.
51
Enter gain from line 74, column 3, minus loss from line 73, column 3 .......................... 51.
52
Enter the amount from line 49, 50, or 51, whichever is less .......................................... 52.
53
Add lines 48 and 52 .......................................................................................................................................................... 53.
54
Balance
................................................................................................................................... 54.
( subtract line 53 from line 47 )
55
Capital gains for the tax year allocated to corpus and paid or permanently set aside for New York charitable purposes
55.
56
Add lines 54 and 55 .......................................................................................................................................................... 56.
57
Section 1202 exclusion allocable to capital gains paid or permanently set aside for New York charitable purposes ..... 57.
58
Total
........................................................................................................................................ 58.
( subtract line 57 from line 56 )
Schedule 7 — Capital gains and losses from sales or exchanges of New York capital assets
( see instructions concerning tangible
and intangible personal property carried as business assets )
Part 1 — Short-term capital gains and losses — assets of New York property held one year or less
a
b
c
d
e
f
Kind of property and description
Date acquired
Date sold
Gross sales
Federal cost or
Gain (or loss)
price
other basis, plus
( if necessary, attach statement of descriptive
( mm-dd-yyyy )
( mm-dd-yyyy )
( d minus e )
expense of sale
details not shown below )
59
60
Short-term capital gain (or loss) from installment sales and like-kind exchanges of New York property ......................... 60.
61
Net short-term gain (or loss) from New York property derived from partnerships, S corporations, and
other estates or trusts ................................................................................................................................................... 61.
62
Net gain (or loss)
.................................................................................................................... 62.
( combine lines 59 through 61 )
63
Short-term capital loss carryover
....................................................................................................... 63.
( attach computation )
64
Net short-term gain (or loss)
......................................................... 64.
( combine lines 62 and 63; enter here and on line 73 below )
Part 2 — Long-term capital gains and losses — assets of New York property held more than one year
65
66
Long-term capital gain (or loss) from installment sales and like-kind exchanges of New York property ......................... 66.
67
Net long-term gain (or loss) from New York property derived from partnerships, S corporations, and
other estates or trusts ................................................................................................................................................... 67.
68
Capital gain distributions .................................................................................................................................................. 68.
69
Enter gain, if any, from Schedule 8, line 81 ....................................................................................................................... 69.
70
Net gain (or loss)
.................................................................................................................... 70.
( combine lines 65 through 69 )
71
...................................................................................... 71.
Long-term capital loss carryover from 2010
( attach computation)
72
Net long-term gain (or loss)
........................................................... 72.
( combine lines 70 and 71; enter here and on line 74 below )
Part 3 — Summary of Parts 1 and 2
1 – Beneficiaries
2 – Fiduciary
3 – Total
73
73.
Net short-term gain (or loss) from line 64, column f, above .......
74
74.
Net long-term gain (or loss) from line 72, column f, above ........
75
Total net gain (or loss)
..............
75.
( line 73 and add or subtract line 74 )
Enter on Schedule 4, line 17, column b, the net gain shown on line 75, column 3, above. If line 75, column 3, above is a net loss, see instructions.
2073110094
Please file this original scannable attachment with the Tax Department.
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