New York Schedule of Optional Depreciation on Qualified New York Property

Schedule of Optional Depreciation on Qualified New York Property
Form CT-324:11/12: Schedule of Optional Depreciation on Qualified New York Property, ct324
New York State Department of Taxation and Finance

Schedule of Optional Depreciation on
Qualified New York Property

CT-324

(11/12)

Tax Law — Article 9-A, Sections 210.3(d) and (e)
	 Name	

Employer identification number

Attach this form to Form CT-3, General Business Corporation Franchise Tax Return, or Form CT-3-A, General Business Corporation
Combined Franchise Tax Return.

Schedule A — Depreciation on qualified New York property acquired between January 1, 1964, and
December 31, 1968 (see Form CT-324-I, Instructions for Form CT-324)
	
A	
	
Description of	
	
property	
		

B	
Date	
acquired	
(mm-dd-yyyy)	

C	
Cost or	
other	
basis	

D	
Accumulated	
federal	
depreciation	

E	
Current	
federal	
depreciation	

F	
Accumulated	
New York	
depreciation	

G
Current
New York
depreciation

	 1	 Add column E amounts (see instructions) ................................	 1
	 2	 Add column G amounts (see instructions) ...................................................................................................	 2

Schedule B — Computation of New York gain or loss on sale or other disposition of qualified New York
property acquired between January 1, 1964, and December 31, 1968 (see instructions)
	
A	
	
Description of	
	
property	
		

B	
Date sold	
or disposed	
(mm-dd-yyyy)	

C	
D	
Depreciation basis	
Gross sales	
for	
price	
New York State		

E	
New York gain or loss	
(column D – column C)	
	

	 3	 Add column E amounts (show a net loss with a minus (-) sign; see instructions) ....... 	 3
	 4	 Add column F amounts (show a net loss with a minus (-) sign; see instructions) ..............................................	 4

509001120094

F
Federal gain
or loss