General.

(a) General.

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General.

(a) General.

(1)A resident individual may elect to use itemized deductions in computing New York taxable income only if itemized deductions were claimed for the same taxable year on such individual's Federal income tax return.#

(1) A resident individual may elect to use itemized deductions in computing New York taxable income only if itemized deductions were claimed for the same taxable year on such individual's Federal income tax return.

(2)Except as provided under section 715(f) of the Tax Law, the New York itemized deduction of a resident individual means the total amount of deductions from Federal adjusted gross income, other than Federal deductions for personal exemptions,#

(2) Except as provided under section 715(f) of the Tax Law, the New York itemized deduction of a resident individual means the total amount of deductions from Federal adjusted gross income, other than Federal deductions for personal exemptions, as provided in the laws of the United States for the taxable year, with the modifications required by section 615(c) and (d) of the Tax Law.

(3)The New York itemized deduction includes such items as contributions, interest, taxes and medical expenses listed under “Itemized Deductions” in the Federal income tax return.#

(3) The New York itemized deduction includes such items as contributions, interest, taxes and medical expenses listed under “Itemized Deductions” in the Federal income tax return. It does not include any item deducted in computing the amount of Federal adjusted gross income, e.g., business expenses deducted in computing profit or loss from a business or profession, or depreciation or repairs deducted in computing rental income.

(4)Where certain Federal itemized deductions are subject to annual limitations ( e.g., medical expenses, contributions, casualty and theft losses and certain miscellaneous expenses), the net amount of such Federal itemized deductions allowed f#

(4) Where certain Federal itemized deductions are subject to annual limitations ( e.g., medical expenses, contributions, casualty and theft losses and certain miscellaneous expenses), the net amount of such Federal itemized deductions allowed for these items is carried over into the New York itemized deduction without change.