What is a Sch B Part 2 Code that's on Form IT-225?

The Schedule B Part 2 Code on Form IT-225 is used to report New York State subtraction modifications from partnerships, S corporations, or estates and trusts. 

• These codes are provided by the entity that sent you the income document (like a K-1). For more details, refer to the Instructions for Form IT-225
• Each entry has a code - that identifies the type of income be added.
• Check IT-225 for code descriptions and match the code to your income source.

Example:

Individual A has an addition modification for interest income received from a U.S. government authority, commission, or instrumentality (A-102) and has the same modification as a partner for income from a partnership.

Enter 102 and the applicable amounts under Schedule A, Part 1 as an individual, and Schedule A, Part 2 as a partner.

[Edited 03/02/2025| 8:43 am, PST] @malachijchisolm