New York Tax Law (Consolidated Laws)
N.Y. Tax Law § 633
New York source income of a nonresident estate or trust
§ 633. New York source income of a nonresident estate or trust. (a) General. The New York source income of a nonresident estate or trust shall be the sum of the following:
# (1)
The net amount of items of income, gain, loss and deduction entering into federal adjusted gross income, as determined under paragraph four of subsection (e) of section six hundred one, derived from or connected with New York sources. Such determination of source shall be made in accordance with the applicable rules of section six hundred thirty-one as in the case of a nonresident individual.
# (2)
The portion of the modifications described in section six hundred eighteen which relate to income derived from New York sources other than that portion of the modification provided in subsection three thereof which relates to section six hundred fifteen.
(b) Special New York source rules. Deductions with respect to capital losses, passive activity losses and net operating losses shall be based solely on income, gains, losses and deductions derived from or connected with New York sources, under regulations of the tax commission, but otherwise determined in the same manner as the corresponding federal deductions.
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In this article (40 sections)
- 630-F · Gift for organ and tissue donation outreach and research
- 630-F*2 · Gift for ALS research and education
- 630-F*3 · Gift for school-based health centers
- 630-F*4 · Gift for lupus education and prevention
- 630-F*5 · Gift for military families
- 630-F*6 · Gift for city university of New York
- 630-G · Gift for leukemia, lymphoma and myeloma research, education and…
- 630-G*2 · Gift for the William B
- 630-G*3 · Gift to the arts fund
- 630-H · New York state campaign finance fund check-off
- 630-I · Gifts for the state library system
- 630-I*2 · Gift for the firearm violence research fund
- 630-I*3 · Gifts for thoroughbred aftercare
- 630-J · Gifts for standardbred aftercare
- 630-K · Gift for Lyme and tick-borne diseases education, research and…
- 630-L · Gift for diabetes research and education
- 630-L*2 · Gift for cure childhood cancer research fund
- 631 · New York source income of a nonresident individual
- 632 · Nonresident partners and electing shareholders of S corporations
- 632-A · Personal service corporations and S corporations formed or…
- 633 · New York source income of a nonresident estate or trust
- 634 · Share of a nonresident beneficiary in income from New York sources
- 635 · Credit to trust beneficiary receiving accumulation distribution
- 637 · Computation of separate tax on the ordinary income portion of…
- 638 · New York source income of a part-year resident
- 639 · Accruals upon change of residence
- 651 · Returns and liabilities
- 652 · Time and place for filing returns and paying tax
- 653 · Signing of returns and other documents
- 654 · Relief from joint and several liability on joint return
- 657 · Extensions of time
- 658 · Requirements concerning returns, notices, records and statements
- 659 · Report of federal changes, corrections or disallowances
- 659-A · Reporting of federal partnership adjustments
- 660 · Election by shareholders of S corporations
- 661 · Change of election
- 662 · Computation of tax where taxpayer restores substantial amount…
- 663 · Estimated tax on sale or transfer of real property by nonresident
- 671 · Requirement of withholding tax from wages
- 672 · Information statement for employee