IT-204IP
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
whelanm1
Level 1

IT-204IP

I have entries in line 51a and 51b.  Where do I enter these amounts in the NY interview?

1 Reply
JohnB5677
Expert Alumni

IT-204IP

Box 51 is dividend credit.  The US does not have a dividend credit and ordinary dividends are basically taxable dividends.

 

Lines 51 and 52 – For those credits, addback of credits, and recaptures that are not specifically listed on Form IT-204-IP, the partnership provides you with the code and your distributive share of these items. You must complete a separate credit form reporting your distributive share of the credit, credit components, credit factors, and recapture of credit for each credit listed. See the credit chart for a list of the codes for the credits and add backs entered on lines 51 and 52.

NY IT-204-IP-i

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
v
Privacy Settings