NASSAUSUFFOLK

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  • 1.  NY RISING PAYMENTS

    Bronze Most Valuable Member
    Posted 04-07-2015 05:37 PM
    This message has been cross posted to the following Discussions: NASSAUSUFFOLK and ncCPAp on the GO! .
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    I believe that normally these payments would not be included in income.  However, client took casualty loss in 2011 which also generated an NOL that was carried back to 2008 and completely used.  How much of the NY Rising payment do we include in income?

    Thanks in advance!
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    Honorine Campisi
    SANDRA JOHNSON, CPA PC
    Bellmore NY
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