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New York New York Corporate Partners' Schedule K
Extracted from PDF file 2023-new-york-form-it-2041.pdf, last modified August 2007New York Corporate Partners' Schedule K
Department of Taxation and Finance New York Corporate Partners’ Schedule K Tax Law – Article 9-A For calendar year 2023 or tax year beginning 23 IT-204.1 and ending Partnership’s name (as shown on Form IT-204) Partnership’s EIN Entire net income (ENI) information when the corporate partner’s New York tax filing status is a C corporation ENI addition modifications 1 Total additions................................................................................................................................ A – Number 1a 1b 1c B – Amount EA – EA – EA – A – Number 1d 1e 1f 1 B – Amount EA – EA – EA – ENI subtraction modifications 2 Total subtractions........................................................................................................................... A – Number 2a 2b 2c B – Amount ES – ES – ES – A – Number 2d 2e 2f 2 B – Amount ES – ES – ES – Assets and liabilities (see instructions) Average value 3 Total assets................................................................................................................................... 4 Real property and marketable securities included on line 3 ........................................................ 5 Real property and marketable securities at fair market value (FMV)............................................ 6 Average value of adjusted total assets......................................................................................... 7 Total liabilities ............................................................................................................................... 8 Liabilities directly attributable to business capital ....................................................................... 9 Liabilities directly attributable to investment capital .................................................................... 116001230094 3 4 5 6 7 8 9 Page 2 of 7 IT-204.1 (2023) Items related to investment capital under Article 9-A Part 1 – Investment capital that generates income claimed not taxable by New York under the U.S. Constitution Description of asset (identify each asset, and enter number of shares (if applicable) and date acquired here; for each asset complete columns D through G on the corresponding lines below; enter only directly owned assets in items A through F and Total from additional sheet(s)) A – Description of asset Item B – Number of shares acquired, if applicable C – Date acquired A B C D E F Item D Number of shares sold, if applicable E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) ..................................... Total from partnerships ............................................... 10 Total columns F and G ................................ 10 Part 2 – Investment capital – stocks actually held more than one year Description of investment (identify each investment, and enter number of shares and date acquired here; for each investment complete columns D through G on the corresponding lines below; enter only directly owned investments in items A through F and Total from additional sheet(s)) A – Name/CUSIP/CINS/lot number Item A B C D E F Item D Number of shares sold E Date sold A B C D E F Total from additional sheet(s) ..................................... Total from partnerships ............................................... 11 Total columns F and G ................................ 11 116002230094 B – Number of shares acquired F Average FMV G Liabilities directly attributable C – Date acquired H Net average FMV IT-204.1 (2023) Page 3 of 7 Part 3 – Investment capital – stocks presumed held more than one year Description of investment (identify each investment, and enter number of shares and date acquired here; for each investment complete columns F and G on the corresponding lines below; enter only directly owned investments in items A through F and Total from additional sheet(s)) A – Name/CUSIP/CINS/lot number Item A B C D E F Item D – Number of shares sold E – Date sold F – Average FMV B – Number of shares acquired G – Liabilities directly attributable C – Date acquired H – Net average FMV A B C D E F Total from additional sheet(s) ..................................... Total from partnerships ............................................... 12 Total columns F and G................................. 12 Part 4 – Total investment capital 13 Total average FMV and liabilities directly attributable (add lines 10, 11, and 12 in columns F and G) 13 Part 5 – Prior year investment capital – stocks that did not meet holding period requirement (see instructions) Description of investment (identify each investment, and enter number of shares and date acquired here; for each investment complete columns D through G on the corresponding lines below; enter only directly owned investments in items A through F and Total from additional sheet(s)) A – Name/CUSIP/CINS/lot number Item A B C D E F Item D – Number of shares sold E – Date sold F – Average FMV as previously reported B – Number of shares acquired G – Liabilities directly attributable as previously reported A B C D E F Total from additional sheet(s) ..................................... Total from partnerships ............................................... 14 Total columns F and G ................................ 14 Part 6 – Prior year gross investment income for stocks that did not meet holding period requirement 15 Prior year presumed gross investment income from stocks presumed in the prior year to be held more than one year that failed to meet the presumption ............................................................... 15 116003230094 C – Date acquired H – Net average FMV Page 4 of 7 IT-204.1 (2023) Items related to investment and other exempt income under Article 9-A 16 Gross exempt cross-article dividends .......................................................................................... 17 Gross exempt controlled foreign corporation (CFC) income ....................................................... 18 Gross exempt unitary corporation dividends ............................................................................... 19 Gross investment income from investments generating income not taxable by New York State under the U.S. Constitution ............................................................................................. 20 Dividend income from investment capital from stocks actually held more than one year .......... 21 Net capital gains or losses from investment capital from stocks actually held more than one year ................................................................................................................................... 22 Dividend income from investment capital from stocks presumed held more than one year ....... 16 17 18 19 20 21 22 Items related to interest deductions directly attributable to investment and other exempt income under Article 9-A 23 Total interest expense per federal Form 1065, line 15 ................................................................. 24 Interest deductions directly attributable to income reported on line 16....................................... 25 Interest deductions directly attributable to income reported on line 17 ...................................... 26 Interest deductions directly attributable to income reported on line 18 ...................................... 27 Interest deductions directly attributable to income reported on line 19 ...................................... 28 Interest deductions directly attributable to income reported on line 20 ...................................... 29 Interest deductions directly attributable to income reported on line 21 ...................................... 30 Interest deductions directly attributable to income reported on line 22 ...................................... 31 Interest deductions directly attributable to business capital ..................................................... 23 24 25 26 27 28 29 30 31 Items related to subtraction modifications for qualified banks 32 Qualified residential loan portfolio assets .................................................................................... 32 33 Gross interest income from qualifying loans ................................................................................ 33 33a Gross interest income from all loans............................................................................................ 33a 33b Gross interest expense from all loans.......................................................................................... 33b Items related to manufacturing 34 Total receipts from the sale of goods by manufacturing .............................................................. 34 35 New York adjusted basis of qualified manufacturing property...................................................... 35 36 Number of employees employed in manufacturing in New York.................................................. 36 Apportionment and Metropolitan Commuter Transportation District (MCTD) information Apportionment – Part 1 1 During the reporting year, did the partnership do business, employ capital, own or lease property, maintain an office, or derive receipts from activity, in New York State? (mark an X in the appropriate box).... Yes No 2 During the reporting year, did the partnership do business, employ capital, own or lease property, maintain an office, or derive receipts from activity, in the MCTD? (mark an X in the appropriate box) .......... Yes No Average value of property (see instructions for Apportionment – Part 1, lines 3 through 7) 3 Real estate owned.................................................................................... 3 4 Real estate rented ................................................................................... 4 5 Inventories owned .................................................................................... 5 6 Tangible personal property owned ........................................................... 6 7 Tangible personal property rented ........................................................... 7 116004230094 A MCTD B New York State IT-204.1 (2023) Page 5 of 7 Apportionment – Part 2 Receipts from: (see instructions for Apportionment – Part 2, lines 1 through 53a) Section 210-A.2 1 Sales of tangible personal property ........................... 1 2 Sales of electricity ..................................................... 2 3 Net gains from sales of real property ........................ 3 Section 210-A.3 4 Rentals of real and tangible personal property .......... 4 5 Royalties from patents, copyrights, trademarks, and similar intangible personal property ....................... 5 6 Sales of rights for certain closed-circuit and cable TV transmissions of an event ................................ 6 Section 210-A.4 7 Sale, licensing, or granting access to digital products 7 7a Sale, licensing, or granting access to digital products 7a 8 This line intentionally left blank ................................. 8 Section 210-A.5(a)(2)(A) 9 Interest from loans secured by real property ............. 9 10 Net gains from sales of loans secured by real property 10 11 Interest from loans not secured by real property . 11 12 Net gains from sales of loans not secured by real property ...................................................... 12 Section 210-A.5(a)(2)(B) 13 Interest from federal debt .......................................... 13 14 15 Interest from NYS and its political subdivisions debt . 15 16 Net gains from federal, NYS, and NYS political subdivisions debt . 16 17 Interest from other states and their political subdivisions debt ................................................... 17 18 Net gains from other states and their political subdivisions debt ................................................... 18 Section 210-A.5(a)(2)(C) 19 Interest from asset-backed securities and other government agency debt ....................................... 19 20 Net gains from government agency debt or asset-backed securities sold through an exchange 20 21 Net gains from all other asset-backed securities ....... 21 Section 210-A.5(a)(2)(D) 22 Interest from corporate bonds ................................... 22 23 Net gains from corporate bonds sold through broker/dealer or licensed exchange ....................... 23 24 Net gains from other corporate bonds ....................... 24 Section 210-A.5(a)(2)(E) 25 Net interest from reverse repurchase and securities borrowing agreements .......................................... 25 Section 210-A.5(a)(2)(F) 26 Net interest from federal funds .................................. 26 Section 210-A.5(a)(2)(I) 27 Net income from sales of physical commodities ....... 27 Section 210-A.5(a)(2)(J) 28 Marked to market net gains ....................................... 28 116005230094 A MCTD B New York State C Everywhere Page 6 of 7 IT-204.1 (2023) Receipts from: (continued) Section 210-A.5(a)(2)(H) 210-A.5(a)(2)(G) 29 Interest from other financial instruments ................... 29 30 Net gains from other financial instruments ................ 30 30a Net gains from other financial instruments (broker/dealer/exchange) ....................................... 30a 30b Other income from other financial instruments.......... 30b 30c Other income from other financial instruments (broker/dealer/exchange)........................................... 30c 30d Dividends from stock that is business capital............ 30d 30e Net gains from sales of stock that is business capital.... 30e 30f Net gains from sales of partnership interests................. 30f Section 210-A.5(b) 31 Brokerage commissions ............................................ 31 32 Margin interest earned on behalf of brokerage accounts 32 33 Fees for advisory services for underwriting or management of underwriting ................................ 33 34 Receipts from primary spread of selling concessions 34 35 Receipts from account maintenance fees ................. 35 36 Fees for management or advisory services .............. 36 37 Interest from an affiliated corporation ........................ 37 Section 210-A.5(c) 38 Interest, fees, and penalties from credit cards .......... 38 39 Service charges and fees from credit cards .............. 39 40 Receipts from merchant discounts ............................ 40 41 Receipts from credit card authorizations and settlement processing ............................................ 41 42 Other credit card processing receipts ........................ 42 Section 210-A.5(d) 43 Receipts from certain services to investment companies 43 44 This line intentionally left blank .................................. 44 Section 210-A.6 45 Receipts from railroad and trucking business ........... 45 Section 210-A.6-a 46 Receipts from the operation of vessels ..................... 46 Section 210-A.7 47 Receipts from air freight forwarding .......................... 47 48 Receipts from other aviation services ....................... 48 Section 210-A.8 49 Advertising in newspapers or periodicals .................. 49 50 Advertising on television or radio .............................. 50 51 Advertising via other means ...................................... 51 Section 210-A.9 52 Transportation or transmission of gas through pipes . 52 Section 210-A.10 53 Receipts from other services/activities not specified . 53 53a Receipts from other services/activities not specified. 53a 116006230094 A MCTD B New York State C Everywhere IT-204.1 (2023) Page 7 of 7 A MCTD Payroll B New York State 54 Wages and other compensation of employees except general executive officers. 54 55 Average number of individuals employed full-time in New York State (excluding employees with partnership-wide authority) ............................................................................................................................. 55 Gross proceeds or receipts from certain sales (for apportionment purposes) (see instructions) 56 Sales of loans secured by real property ................... 57 Sales of loans not secured by real property ............. 58 Sales of other asset-backed securities ..................... 59 Sales of corporate bonds .......................................... 60 Sales of physical commodities .................................. A MCTD B New York State 56 57 58 59 60 Marked to market net gain or loss from deemed sales (for apportionment purposes) 61 Of loans secured by real property ................................................................................................ 62 Of loans not secured by real property ......................................................................................... 63 Of federal debt instruments ......................................................................................................... 64 Of New York State and its political subdivisions debt instruments ............................................... 65 Of other states and their political subdivisions debt instruments ................................................. 66 Of government agency debt or asset-backed securities (through exchange) ............................. 67 Of all other asset-backed securities ............................................................................................. 68 Of corporate bonds through licensed exchange or broker/dealer ................................................ 69 Of other corporate bonds ............................................................................................................. 70 Of physical commodities .............................................................................................................. 71 Of other financial instruments of one type ................................................................................... 61 62 63 64 65 66 67 68 69 70 71 Items related to repurchase agreements and securities borrowing/lending agreements 72 Value of reverse repurchase agreements when partnership is purchaser/lender ........................ 73 Value of borrowing agreements when partnership is securities borrower .................................... 74 Value of repurchase agreements when partnership is seller/borrower ........................................ 75 Value of lending agreements when partnership is securities lender ............................................ 76 Interest income from reverse repurchase agreements and securities borrowing agreements ...... 77 Interest expense from repurchase agreements and securities lending agreements ................... 116007230094 72 73 74 75 76 77 C Everywhere
Form IT-204.1 New York Corporate Partners’ Schedule K Tax Year 2023
More about the New York Form IT-204.1 Individual Income Tax TY 2023
This form is for dealing with taxes associated with having corporate partners.
We last updated the New York Corporate Partners' Schedule K in January 2024, so this is the latest version of Form IT-204.1, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form IT-204.1 directly from TaxFormFinder. You can print other New York tax forms here.
Other New York Individual 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-201 | Individual Income Tax Return |
| IT-201-V | Payment Voucher for Income Tax Returns |
| Form IT-201-D | Resident Itemized Deduction Schedule (DISCONTINUED) |
| Form IT-203 | Nonresident Income Tax Return |
| Form IT-201-I | Individual Income Tax Return Instructions |
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 IT-204.1 from the Department of Taxation and Finance in January 2024.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of New York Form IT-204.1
We have a total of twelve past-year versions of Form IT-204.1 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 Form IT-204.1
Form IT-204.1 New York Corporate Partners’ Schedule K Tax Year 2023
2022 Form IT-204.1
Form IT-204.1 New York Corporate Partners’ Schedule K Tax Year 2022
2021 Form IT-204.1
Form IT-204.1 New York Corporate Partners’ Schedule K Tax Year 2021
2020 Form IT-204.1
Form IT-204.1 New York Corporate Partners’ Schedule K Tax Year 2020
2019 Form IT-204.1
Form IT-204.1:2019:New York Corporate Partners’ Schedule K:it2041
2018 Form IT-204.1
Form IT-204.1:2018:New York Corporate Partners’ Schedule K:it2041
2017 Form IT-204.1
Form IT-204.1:2017:New York Corporate Partners’ Schedule K:it2041
2016 Form IT-204.1
Form IT-204.1:2016:New York Corporate Partners’ Schedule K:it2041
2015 Form IT-204.1
Form IT-204.1:2015:New York Corporate Partners’ Schedule K:it2041
2014 Form IT-204.1
Form IT-204.1:2014:New York Corporate Partners’ Schedule K:it2041
2013 Form IT-204.1
Form IT-204.1:2013:New York Corporate Partners’ Schedule K:it2041
2012 Form IT-204.1
Form IT-204.1:2012:New York Corporate Partners’ Schedule K:it2041
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