This discussion has been locked. No new contributions can be made. You may start a new discussion here
The addback for PTET tax payments is not permitted as an adjustment to the IT-204 at this time. This addition is only utilized on IT-201, IT-203 and IT-205 filings. Please see page 18 of the IT-225 instructions that details which filings can utilize the addback on the IT-225. I am also including a screen shot. Please let me know if you have additional questions.
Thank you very much! I had already finally found the answers from NYS after more research. The add back is at the personal or trust level and the credit is coded 653 on the IT-204 and related K1 forms. Thanks again!
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.