Form It-398 - New York State Depreciation Schedule For Irc Section 168(K) Property - 2012
Download a blank fillable Form It-398 - New York State Depreciation Schedule For Irc Section 168(K) Property - 2012 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form It-398 - New York State Depreciation Schedule For Irc Section 168(K) Property - 2012 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2IT-398
New York State Department of Taxation and Finance
New York State Depreciation Schedule for
IRC Section 168(k) Property
Use this form only for tax years beginning after December 31, 2002, and only for property placed in service inside or outside New York State after
May 31, 2003.
Name(s) as shown on return
Identifying number 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 Internal Revenue Code (IRC) section 168(k) property (except for resurgence zone property and
New York liberty zone property described in IRC section 1400L(b)(2)) placed in service inside or outside New York State,
beginning after May 31, 2003
(see instructions)
A
B
C
D
E
F
G
Description of property
Date placed
Depreciable
Convention
Method
New York
Federal depreciation
n service
basis
depreciation deduction
deduction
(use additional sheet if needed)
i
.
.
00
00
.
.
00
00
.
.
00
00
.
.
00
00
1 Enter column F and column G totals ................................................................
.
.
1
00
00
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 IRC section 168(k) property (except for resurgence zone property and New York liberty
zone property described in IRC section 1400L(b)(2)) placed in service inside or outside New York State, beginning after
May 31, 2003
(see instructions)
A
B
C
D
E
Description of property
Date of
Method of
Total New York
Total federal
disposition
disposition
depreciation deduction depreciation deduction
(use additional sheet if needed)
.
.
00
00
.
.
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 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
398001120094
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial