Screen NYPay - New York Payment and Penalties (1041)

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Modifications, Taxes, Payments, Credits

To deduct state tax payments on the federal return, enter those payments on the federal StPmt screen. Form IT-205, Page 1 includes the amounts you enter in this section with postal code
NY
.
Accumulation distribution credit
If the trust received an accumulation distribution, enter the New York City tax credit for the tax previously paid by the distributing trust. If claiming a credit, attach a copy of federal Schedule J and a statement showing a calculation of the credit claimed.

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