CCH Axcess Tax

Subtraction Number

Enter the code corresponding to the subtraction you are claiming. This entry along with the applicable amount(s) carry to Form IT-225. This entry is required for EF purposes when entering an amount in the Income and Adjustments section, Other Subtractions subsection, Amount field.

Valid codes for these fields:

101 START-UP NY wages
102 Build America Bond (BAB) interest
105 Long-term residential care deduction
109 Accelerated death benefits in federal AGI
110 Contributions for Executive Mansion, natural and historical resources, not
deducted elsewhere
111 Distributions made to a victim of Nazi persecution
112 Items of income lost to a victim of Nazi persecution
113 Professional service corporation shareholders
114 Gain to be subtracted from the sale of a new business investment
115 QETI
116 Sale of assets acquired before 1960
117 Income earned before 1960 and previously reported to NYS
118 Living organ donors (IT-201)
119 Military pay
120 NY HELP interest paid
121 Investment income from US Government. agencies
122 Railroad retirement income
123 Investment inc exempt by other NYS laws
124 Disability income exclusion
126 NYS organized militia income
127 Loss from the sale or disposition of property realized if federal estate
return had been required
128 Native American income exclusion
129 Special accruals
130 Volunteer firefighter or ambulance worker length of service award
131 Incomeplete gift non-grantor trust
201 Small business modification
202 Trade or business interest expense on federally tax-exempt obligations
203 Trade or business expenses connected to federally tax-exempt obligations
204 Amortizable bond premiums on bonds taxable to NYS
205 Wage & salary expenses allowed as credit
206 Cost depletion
207 Special depreciation expenditures
208 Safe harbor leases included in federal
209 Safe harbor leases not excluded from federal
210 New York depreciation allowed
211 ACRS - year of dispostion adjustment
212 SUV expense deduction recapture
213 IRC Sec 168(k) property depreciation
214 IRC Sec 168(k) property (year of disposition adjustment)
215 Refund of QEZE credit for real property taxes
301 S corp shareholders applying IRC section 1376(b)
302 S corp shareholders - pass-through income
901 Beneficiary's share of fiduciary adjustment

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