State ConformityBloomberg Tax - Bloomberg Tax Technology 2026

1. Click ‘Get Form’ to open the State ConformityBloomberg Tax - Bloomberg Tax Technology document in the editor.
2. Begin with Part 1, where you will compute New York State depreciation modifications. Fill in the legal name of your corporation and employer identification number at the top.
3. In Section A, list each item of depreciable property. For each item, provide details such as date placed in service, cost or other basis, and accumulated federal depreciation.
4. Proceed to Section B for any federal special depreciation property. Again, identify each item and complete the required columns similar to Section A.
5. If applicable, move on to Part 2 for disposition adjustments. Here, calculate differences between federal and New York State depreciation deductions for listed properties.
6. Finally, summarize your adjustments in Part 3 and ensure all totals are accurately entered before saving your completed form.

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