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New York Free Printable Form CT-399 Depreciation Adjustment Schedule Tax Year 2023 for 2024 New York Depreciation Adjustment Schedule

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Depreciation Adjustment Schedule
Form CT-399 Depreciation Adjustment Schedule Tax Year 2023

Department of Taxation and Finance Depreciation Adjustment Schedule CT-399 Tax Law – Articles 9-A and 33 Legal name of corporation Employer identification number Part 1 – Computation of New York State depreciation modifications when computing New York State taxable income List only depreciable property that requires or is entitled to a depreciation modification when computing New York State taxable income (see Form CT-399-I, Instructions for Form CT-399). Section A – ACRS/MACRS property (attach separate sheets if necessary, displaying this information formatted as below; see instructions) A – Description of property (identify each item of property here; for each item of property complete columns B through I on the corresponding lines below) Property Item A B C D E F G H I J K L M N O P Q A Item B Date placed in service (mm-dd-yy)   -   -    -   - -  - - - - - - - - - - - - - Amounts from attached list, if any..... 1 Totals of   Section A 1 A B C D E F G H I J K L M N O P Q 482001230094 C Cost or other basis (see instructions) D E F Method of Accumulated federal Federal figuring NYS ACRS/MACRS ACRS/MACRS depreciation depreciation deduction depreciation (see instructions) (see instructions) G Life or rate (see instructions) (see instr.) H Accumulated NYS depreciation (see instructions) I Allowable NYS depreciation (see instructions) Page 2 of 3  CT-399 (2023)  Section B – Property qualified under IRC section 168(k)(2) for federal special depreciation (attach separate sheets if necessary, displaying this information formatted as below; see instructions) A – Description of property (identify each item of property here; for each item of property complete columns B through I on the corresponding lines below) Property Item A B C D E F G H I J K L M A Item B Date placed in service (mm-dd-yy) A B C D E F G H I J K L M C Cost or other basis (see instructions) D E F Accumulated Federal depreciation Method of figuring federal depreciation deduction NYS depreciation (see instructions) (see instructions) G Life or rate (see instructions) (see instr.) H Accumulated NYS depreciation (see instructions) I Allowable NYS depreciation   -   -    -   - -  - - - - - - - - - - - - Amounts from attached list, if any..... 2 Totals of .   Section B 2 3 Add lines 1 and 2 in columns C, D, E, H, and I (see instr) ........ 3 If you have not disposed of any ACRS/MACRS property placed in service in tax years beginning before 1994, and you have not disposed of qualified property for which you claimed a federal special depreciation deduction (in a tax year beginning after December 31, 2002, for property placed in service on or after June 1, 2003), enter the total of column E as an addback to federal income and the total of column I as a deduction from federal income on the appropriate lines of the applicable form (see line 3 instructions). If you have disposed of any property listed on this form in a prior year, complete Parts 2 and 3. 482002230094 CT-399 (2023)  Page 3 of 3 Part 2 – ­ Disposition adjustments (attach separate sheets if necessary, displaying this information formatted as below; see instructions) • For each item of property listed below, determine the difference between the total federal depreciation deduction, including a federal special depreciation deduction allowed under IRC section 168(k) for qualified property under IRC section 168(k)(2), and the total New York State depreciation used in the computation of federal and New York State taxable income in prior and current years. • If the federal depreciation deduction is larger than the New York State depreciation deduction, subtract column D from column C and enter the result in column E. • If the New York State depreciation deduction is larger than the federal depreciation deduction, subtract column C from column D and enter the result in column F. Disposition of property for certain tax credits – In this tax period, did you dispose of property for which the investment tax credit was previously claimed? (mark an X in one box; see instructions) .................................................... Yes No A – Description of property (identify each item of property here; for each item of property complete columns B through F on the corresponding lines below) Property Item A B C D E F G H A Item B Date placed in service (mm-dd-yy) C Total federal depreciation deduction taken (see instructions) D Total New York State depreciation taken (see instructions) E Adjustment (if C is larger than D, column C - column D; see instructions) - - - - - - - - Amounts from attached list, if any........ 4 Total excess federal depreciation deductions over New York State   depreciation deductions (add column E amounts) .................................... 4 5 Total excess New York State depreciation deductions over federal depreciation deductions (add column F amounts)  5 A Part 3 – Summary of adjustments to New York State taxable income Federal F Adjustment (if D is larger than C, column D - column C; see instructions) A B C D E F G H 6 7 8 9 10 B New York State Enter amount from line 3, column E.......................................................... 6 Enter amount from line 3, column I ........................................................... 7 Enter amount from line 4........................................................................... 8 Enter amount from line 5........................................................................... 9 Add amounts in column A and column B................................................... 10 If you file Form: Enter the amount from line 10, column A, on Form: Enter the amount from line 10, column B, on Form: CT-3........................... CT-225, Schedule A.......................................................... CT-225, Schedule B CT-3-A........................ CT-225-A, Schedule A....................................................... CT-225-A, Schedule B CT-3-A/BC.................. CT-225-A/B, Schedule A................................................... CT-225-A/B, Schedule B CT-3-S........................ CT-34-SH, line 2................................................................ CT-34-SH, line 4 CT-33......................... CT-33, line 70.................................................................... CT-33, line 78 CT-33-A...................... CT-33-A, line 73................................................................ CT-33-A, line 82 CT-33-A/B.................. CT-33-A/B, line 73............................................................. CT-33-A/B, line 82 482003230094
Extracted from PDF file 2023-new-york-form-ct-399.pdf, last modified September 2023

More about the New York Form CT-399 Corporate Income Tax TY 2023

We last updated the Depreciation Adjustment Schedule in January 2024, so this is the latest version of Form CT-399, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form CT-399 directly from TaxFormFinder. You can print other New York tax forms here.

Other New York Corporate Income Tax Forms:

TaxFormFinder has an additional 271 New York income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form IT-204-LL Partnership, Limited Liability Company, and Limited Liability Partnership Filing Fee Payment Form
Form CT-3M/4M General Business Corporation MTA Surcharge Return (Obsolete)
Form IT-205 Fiduciary Income Tax Return
Form IT-204 Partnership Tax Return
Form CT-6 Election by a Federal S Corporation to be Treated As a New York S Corporation

Download all NY tax forms View all 272 New York Income Tax Forms


Form Sources:

New York usually releases forms for the current tax year between January and April. We last updated New York Form CT-399 from the Department of Taxation and Finance in January 2024.

Show Sources >

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of New York Form CT-399

We have a total of thirteen past-year versions of Form CT-399 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2023 Form CT-399

Form CT-399 Depreciation Adjustment Schedule Tax Year 2023

2022 Form CT-399

Form CT-399 Depreciation Adjustment Schedule Tax Year 2022

2021 Form CT-399

Form CT-399 Depreciation Adjustment Schedule Tax Year 2021

2020 Form CT-399

Form IT-399:2020:New York Depreciation Schedule:it399

2019 Form CT-399

Form IT-399:2019:New York Depreciation Schedule:it399

2018 Form CT-399

Form IT-399:2018:New York Depreciation Schedule:it399

2017 Form CT-399

Form IT-399:2017:New York Depreciation Schedule:IT399

2016 Form CT-399

Form IT-399:2016:New York Depreciation Schedule:IT399

2015 Form CT-399

Form CT-399:2015:Depreciation Adjustment Schedule:ct399

Depreciation Adjustment Schedule 2014 Form CT-399

Form CT-399:2014:Depreciation Adjustment Schedule:ct399

Depreciation Adjustment Schedule 2013 Form CT-399

Form CT-399:2013:Depreciation Adjustment Schedule:ct399

2012 Form CT-399

Form CT-399:2012:Depreciation Adjustment Schedule:ct399

2011 Form CT-399

Form CT-399:2011:Depreciation Adjustment Schedule:ct399


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