- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
You should be able to see the entry causing the review error. Please see which of the below apply to your situation:
In some cases, assets transferred to this form may not require an adjustment. For example, the following assets will transfer to this form, but do not require a New York adjustment:
- Resurgence Zone Property and New York Liberty Zone Property (described in IRC section 1400L(b)(2))
- a Form 2106 asset related to a Form 2106 that contains both qualified performing artist expenses and expenses to be reported on Schedule A, and the asset was solely used for the qualified performing artist related expenses.
To identify an asset as one that does not require an adjustment, on the federal worksheet the asset was entered (i.e., asset entry worksheet, etc), check the "No" box for the "Include asset in state return" question in the "State Depreciation" section. Checking the "No" box will prevent the asset from transferring to the state return.
NOTE: Assets used on Federal Form 2106: Employee Business Expenses are included on this line in their entirety if any portion of the 2106 expenses in the current year are for armed forces reservists, qualified performing artists, or fee-basis public officials, and thus appear as an adjustment to income on Federal Form 1040/1040-SR, page one. The amount on federal or New York depreciation on this line may need to be adjusted if either:
- the asset has not been used exclusively in the above activities in one or more years, or
- the asset has been used in such activities in past years but not in the current year.
**Mark the post that answers your question by clicking on "Mark as Best Answer"