Screen NYK1 - New York 1065 / 1120S Pass-Through Information (1041)
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Form Y-206 Subtractions
Earnings distributable to city residents
Enter the amount of net self-employment income distributed or is distributable to residents of the city of Yonkers.
Allocation of Net Earnings
Income can be determined from books
Enter
X
if the allocation of business income percentage is determined from the books of the business rather than statutory formula factors; and then enter the business income percentage derived from the books in the Allocation
percentage (Force)
field.
