Screen NY46 - New York Investment Tax Credit (1120)

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Investment Tax Credit

Qualified investment property
The information for qualified assets is transferred to this statement. Access the Credit Information window on the Other tab for each asset in the asset module to specify that an asset qualifies for credit on Form CT-46. If you didn’t enter asset data in the asset module, use the statement to enter the qualified investment property.
Recapture of investment tax cr and rehab expenditures for retail enterprises and historic barns
The information for qualified assets that are disposed transfers to this statement. Access the Credit Information window on the Other tab for each asset in the asset module to specify that an asset is subject to recapture on Form CT-46. If you didn’t enter asset data in the asset module, use this statement to enter the early dispositions of qualified property.

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