Use of dollar amounts in computing tax

# (a)

Any amount required to be included in a report may be entered at the nearest whole dollar amount.
This does not apply to the items that must be taken into account in making the computations necessary to determine such amount. For example, each sale must be taken into account at its exact amount, including cents, in computing the amount to be included in the franchise tax report. However, the total amount to be included in the franchise tax report may be entered at the nearest whole dollar amount. A taxpayer may elect not to use whole dollar amounts by reporting all amounts in full, including cents.

# (b)

For the purpose of the computation to the nearest dollar, a fractional part of a dollar shall be disregarded unless it amounts to one-half dollar or more, in which case the amount (determined without regard to the fractional part of a dollar) shall be increased by one dollar.
(1) Example.
Exact amount To be reported as

Section 3-2.6 Federal changes. (Tax Law, sections 211(3), 1083(c)(7), and 1087(c)(1)).
If the taxpayer files a report or an amended report as required by section 211(3) with respect to an increase or a decrease in Federal taxable income or Federal tax, or with respect to a change, correction or renegotiation of tax that is treated in the same manner as if it were a deficiency or overpayment for Federal income tax purposes, or with respect to a computation or re-computation of tax that is treated in the same manner as if it were a deficiency or overpayment for Federal income tax purposes, the amount of tax attributable to the Federal change, correction or renegotiation, or the computation or re-computation means the amount determined by recomputing each of the alternative tax bases for measuring the tax imposed under article 9-A, taking into account the item or items resulting in the Federal change, correction or renegotiation, or the computation or re-computation for the taxable year. Such amount shall be computed without change to the business apportionment factor (BAF).