Line 47: New York City taxable income (NYC full-year residents only; part-year residents, see line 50)

Did you contribute to the New York Charitable Gifts Trust Fund in one or more of the following accounts:

Health Charitable Account; or

Elementary and Secondary Education Account; and

did you claim an itemized deduction for that contribution on Form IT-196?

If No , enter the line 38 amount on line 47.

If Yes , complete the worksheet below.

Line 47 worksheet 1. New York adjusted gross income (Form IT-201, line 33) 1. _________ 2. Amount of contribution(s) to Charitable Gifts Trust Fund accounts 2. _________ 3. New York City adjusted gross income, add lines 1 and 2 3. _________ 4. Enter your itemized deduction amount (Form IT-201, line 34) 4. _________ 5. Subtract line 4 from line 3 5. _________ 6. Dependent exemptions (Form IT-201, line 36) 6. _________ 7. New York City taxable income Subtract line 6 from line 5. Enter here and on Form IT-201, line 47 7. _________