It 558 2026

See details

4.8 out of 5

101 votes

The document provides instructions for completing Form IT-558, which is used to report New York State adjustments due to the state's decoupling from the Internal Revenue Code (IRC) amendments made after March 1, 2020. It outlines the necessary addition and subtraction adjustments for personal income tax filings in New York State, detailing how to recompute federal amounts based on pre-amendment rules. The form must be submitted with various tax returns, and specific instructions are given for individuals, partnerships, estates, and trusts.

Here's how it works

01. Edit your form it 558 online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it558 via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out IT-558 with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open IT-558 in the editor.
Begin by filling out Schedule A, Part 1 for New York State addition adjustments. Enter applicable adjustment numbers on lines 1a through 1g, ensuring you include totals in column A and allocated amounts in column B if necessary.
Proceed to Schedule A, Part 2 if you are a partner, shareholder, or beneficiary. Enter your name and SSN or EIN as required, along with the total amounts provided by your entity.
Next, complete Schedule B for subtraction adjustments. Similar to Schedule A, enter applicable adjustment numbers on lines 10a through 10g and ensure correct totals are recorded.
Finally, review all entries for accuracy before submitting the completed form with your tax return using our platform's submission features.

Start using our platform today to simplify your IT-558 form completion!