![]() ![]() New York State corporation tax generally follows the federal treatment of QIP depreciation. To find copies of the 2019 federal forms issued prior to March 1, 2020, see 2019 federal income tax returns-supplement to N-20-7.įor tax years 20, the differences in New York State and federal treatment should be reported using Form IT-558, New York State Adjustments due to Decoupling from the IRC. ![]() New York State personal income tax does not conform to the federal changes to QIP depreciation.įor tax year 2019 and earlier, New York State personal income tax returns must be prepared using information from the federal income tax returns the IRS made available prior to March 1, 2020. ![]() See Form CT-3.4, Net Operating Loss Deduction. These rules were not impacted by the federal changes.
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