itonewbie
Level 15
11-12-2020
07:35 AM
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Not sure what you meant. NY generally conforms with the IRC on a rolling basis but provides for specific modifications where applicable.
NY taxable income and adjustment gross income of resident individuals are defined under §§611 and 612 of Article 22. Modifications for NY-AGI are found under §612. Except where basis adjustments are required (e.g. certain specific credits were previously allowed), capital gains and losses would simply flow through from F.1040.
There's no game to play here.
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