Form It-220 - Minimum Income Tax - 2012
Download a blank fillable Form It-220 - Minimum Income Tax - 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-220 - Minimum Income Tax - 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
1New York State Department of Taxation and Finance
IT-220
Minimum Income Tax
•
New York State
New York City
Employer identification number
Name(s) as shown on return
Your social security number
(estate or trust only)
Married persons filing separate New York State returns must file separate Forms IT-220.
Submit with Form IT-201, IT-203, or IT-205.
Form IT-201, resident – complete only Column B below.
Form you
are filing:
(mark an X in
Form IT-203, nonresident and part-year resident – complete Columns A and B below.
only one box)
Form IT-205, estate or trust (resident or nonresident) and part-year resident trust – complete Columns A and B below.
Enter tax preference items from federal Form 6251 or from
Column A
Column B
(submit copy, if filed),
federal Form 1041, Schedule I
even if you
Total amount
New York amount
do not have to file federal Form 6251 or Form 1041.
1 Interest from specified private activity bonds exempt
Whole dollars only
Whole dollars only
from federal tax .............................................................
.
.
1
1
00
00
2 Depletion ...........................................................................
.
.
2
2
00
00
3 Depreciation (pre-1987) ....................................................
.
.
3
3
00
00
4 Intangible drilling costs .....................................................
.
.
4
4
00
00
5 Qualified small business stock (excluded under section 1202)
.
.
5
5
00
00
....
(add lines 1 through 5)
.
.
6 Total federal tax preference items
6
6
00
00
7 New York addition for restoration of net operating loss
..............................................
(see instructions)
.
.
deduction
7
7
00
00
.......................................................
(add lines 6 and 7)
.
.
8 Total
8
8
00
00
New York subtractions
9 Portion of line 3 relating to accelerated cost
recovery deduction
................................
(see instructions)
.
.
9
9
00
00
10 Portion of tax preference items relating to
................................... 10
(see instructions)
.
.
an S corporation
10
00
00
11 Itemized deduction adjustment
................ 11
(see instructions)
.
.
11
00
00
12 Interest from specified private activity bonds
exempt from federal tax entered on line 1 ..................... 12
.
.
12
00
00
13 Depletion entered on line 2 ............................................... 13
.
.
13
00
00
........... 14
(add lines 9 through 13)
.
.
14 Total New York subtractions
14
00
00
..... 15
(subtract line 14 from line 8)
.
.
15 Total NY tax preference items
15
00
00
16 Specific deduction
................................................................................................ 16
(see instructions)
.
00
17 Subtract line 16 from line 15, Column B ....................................................................................... 17
.
00
............................................... 18
(see instructions)
.
18 New York State personal income tax after credits
00
19 Subtract line 18 from line 17
........................................... 19
(if line 18 is more than line 17, leave blank)
.
00
20 Available net operating loss carryover
................................................................. 20
(see instructions)
.
00
............................................ 21
(subtract line 20 from line 19; see instructions)
.
21 Minimum taxable income
00
(enter 6% (.06) of line 21 here and on Form IT-201-ATT,
22 New York State minimum income tax due
................................. 22
line 29; or Form IT-203-ATT, line 28; or on Form IT-205, line 13; see instructions)
.
00
(enter 2.85% (.0285) of line 21 here and on
23 New York City resident minimum income tax
.............. 23
Form IT-201-ATT, line 31; or Form IT-203, line 52; or on Form IT-205, line 24; see instructions)
.
00
220001120094
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial