LarryKalkstein,

On the IT-204, navigate to page 9, line 144a-thru f.

In the Code column, enter "653" to signify to NY the credit is related to the PTET. 

In the Amount column, enter the total PTET credit required to reported to the partners.

Please review pages 9 and 10 of the IT-204 instructions for treatment of the PTET on the IT-204.  

Entries on line 144a - f will be allocated to the partner K-1 IP on line 47a though 47l or K-1, CP line 77a through 77l.

I understand you are frustrated and hope this clarifies the treatment of the PTET credit as required by NY.