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The form also details capital account analysis, accounting method choice, resident status selections, and summarizes estimated NYS and MCTMT taxes paid on the partner’s behalf, plus PTET election questions.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/forms/","Forms",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/new-york-partners-schedule-k-1-it-204-ip/303001/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/new-york-partners-schedule-k-1-it-204-ip/303001.png","ImageObject",442,249,{"name":42,"@type":43},"Quinn","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-03","2026-09-19",true,{"@type":52,"interactionType":53,"userInteractionCount":33},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What form instructions are referenced before completing the partner’s return?","Question",{"text":62,"@type":63},"Before completing the income tax return, the partner is directed to see Form IT-204-IP-I, Partner’s Instructions for Form IT-204-IP.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"Which items are used to report the partner’s share of income and capital?",{"text":67,"@type":63},"The form provides line items for profit, loss, and capital (H1–H3), along with starting and ending allocation percentages for those amounts.",{"name":69,"@type":60,"acceptedAnswer":70},"How does the form report estimated NYS and MCTMT taxes paid on behalf of the partner?",{"text":71,"@type":63},"It includes separate sections for NYS estimated tax paid (from Form IT-2658-NYS) with installment dates and amounts, and for MCTMT estimated tax paid (from Form IT-2658-MTA) with similar installment line items and totals.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},303001,1790576575,{"code":4,"msg":81,"data":82},"success",[83,88,93,98,103,108,112,117,122],{"id":84,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},11,"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":110,"slug":111},17,40,"forms",{"id":113,"doc_module":22,"doc_module_name":25,"category_name":114,"show_sort_weight":115,"slug":116},18,"Letters",30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":81,"data":127},{"doc_id":78,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":109,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":33,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":120,"language":135,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":12,"update_tm":139,"read_time":26},962075114765,"https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd","Department of Taxation and Finance  \nNew York Partner’s Schedule K-1  \nTax Law – Article 22 (Personal Income Tax)  \nFor calendar year 2025 or tax year beginning 25 and ending  \nIT-204-IP  \nFinal K-1  \nAmended K-1  \nPartners: Before completing your income tax return, see Form IT-204-IP-I, Partner’s Instructions for Form IT-204-IP ([available at](available at www.tax.ny.gov)[ www.tax.ny.gov](available at www.tax.ny.gov)).  Partnership’s information (see instructions)  \n\n| Partnership’s name (as shown on Form IT-204) | Partnership’s EIN |\n| --- | --- |\n\nA Mark an X in the box if either applies to your entity  Publicly traded partnership  Portfolio investment partnership B Tax shelter registration number, if any .......................................................................................... B C Business allocation percentage ............................................................................................................................... C  %   \nPartner’s information (see instructions)  \nPartner’s name Partner’s identifying number  \nPartner’s address  \nCity State ZIP code  \nD The partner is a (mark an Xin the appropriate box) General partner or LLC member-manager Limited partner or other LLC member  \nE What is the tax filing status of the partner? (Mark an Xin the appropriate box, if known.)  Individual  Estate/trust  Partnership  \nF If the partner is a disregarded entity or grantor trust,  \nenter the tax ID of the entity or individual reporting the income, if known  \n................................  \nF  \nG Did the partner sell its entire interest during the tax year? ................................................................................ G Yes  No   \nH  \nPartner’s share of profit, loss, and capital 1) Profit .............................................................................................................................. H1  \n2) Loss................................................................................................................................ H2  \n3) Capital ........................................................................................................................... H3  \nBeginning  \n\n| % |\n| --- |\n| % |\n| % |\n\nEnding  \n\n| % |\n| --- |\n| % |\n| % |\n\nI Partner’s share of liabilities at the end of the year 1) Nonrecourse ............................................................................................................................. I1  \n2) Qualified nonrecourse financing................................................................................................ I2  \n3) Recourse .................................................................................................................................. I3  \nJ Partner’s capital account analysis 1) Beginning capital account ........................................................................................................ J1  \n2) Capital contributed during the year – cash .............................................................................. J2  \n3) Capital contributed during the year – property ......................................................................... J3  \n4) Current year increase (decrease) ............................................................................................ J4  \n5) Withdrawals and distributions – cash ....................................................................................... J5  \n6) Withdrawals and distributions – property ................................................................................. J6  \n7) Ending capital account ............................................................................................................. J7  \n8) Method of accounting (mark an Xin the appropriate box)  \n Tax basis  GAAP  Book  Other (submit explanation) K Resident status (mark an Xin all boxes that apply; see instructions)  \n\n|  |\n| --- |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n|  |\n\nNYS full-year resident NYS part-","cbCaiucffMrx7Xcq","https://ap.wps.com/l/cbCaiucffMrx7Xcq","pdf",496768,"English","# Partner’s Instructions and Partnership Information\n# Partner’s Information and Classification\n# Profit, Loss, Capital, and Liabilities\n# Partner’s Capital Account Analysis and Accounting Method\n# Resident Status and Estimated Tax Payments\n# PTET Election","[{\"question\":\"What form instructions are referenced before completing the partner’s return?\",\"answer\":\"Before completing the income tax return, the partner is directed to see Form IT-204-IP-I, Partner’s Instructions for Form IT-204-IP.\"},{\"question\":\"Which items are used to report the partner’s share of income and capital?\",\"answer\":\"The form provides line items for profit, loss, and capital (H1–H3), along with starting and ending allocation percentages for those amounts.\"},{\"question\":\"How does the form report estimated NYS and MCTMT taxes paid on behalf of the partner?\",\"answer\":\"It includes separate sections for NYS estimated tax paid (from Form IT-2658-NYS) with installment dates and amounts, and for MCTMT estimated tax paid (from Form IT-2658-MTA) with similar installment line items and totals.\"}]","New York Partner’s Schedule K-1 - IT-204-IP | PDF",1789799411]