# N.Y. TAX Law § 618: New York taxable income of a resident estate or trust

> New York · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S618

## Section

- **Citation:** N.Y. TAX Law § 618
- **Heading:** New York taxable income of a resident estate or trust
- **Jurisdiction:** New York
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** New York Code / Act TAX / Article 22 / Part 2 / Section 618

## Text

§ 618. New York taxable income of a resident estate or trust. The New\nYork taxable income of a resident estate or trust means its federal\ntaxable income as defined in the laws of the United States for the\ntaxable year, with the following modifications:\n (2) There shall be subtracted the modifications described in\nparagraphs (4) and (5) of subsection (c) of section six hundred twelve,\nwith respect to gains from the sale or other disposition of property, to\nthe extent such gains are excluded from federal distributable net income\nof the estate or trust.\n (3) There shall be added or subtracted (as the case may be) the share\nof the estate or trust in the New York fiduciary adjustment determined\nunder section six hundred nineteen.\n * (4) There shall be added or subtracted (as the case may be) the\nmodifications described in paragraphs (6), (10), (17), (18), (19), (20),\n(21), (22), (23), (24), (25), (26), (27), (29), (38) and (39) of\nsubsection (b) and in paragraphs (11), (13), (15), (19), (20), (21),\n(22), (23), (24), (25), (26) and (28) of subsection (c) of section six\nhundred twelve of this part.\n * NB Effective until ch. 782/88 expires\n * (4) There shall be added or subtracted (as the case may be) the\nmodifications described in paragraphs (6), (10), (17), (18), (19), (20),\n(21), (22), (23), (24), (25), (26), (27), (28), (29), (38) and (39) of\nsubsection (b) and in paragraphs (11), (13), (15), (19), (20), (21),\n(22), (23), (24), (25), (26) and (28) of subsection (c) of section six\nhundred twelve of this part.\n * NB Effective when ch. 782/88 expires\n (5) In the case of a trust, there shall be added the amount of any\nincludible gain, reduced by any deductions properly allocable thereto,\nupon which tax is imposed for the taxable year pursuant to section six\nhundred forty-four of the internal revenue code.\n

## Nearby sections

- [N.Y. TAX Law § 611 New York taxable income of a resident individual](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S611.md)
- [N.Y. TAX Law § 612 New York adjusted gross income of a resident individual](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S612.md)
- [N.Y. TAX Law § 613 New York deduction of a resident individual](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S613.md)
- [N.Y. TAX Law § 614 New York standard deduction of a resident individual](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S614.md)
- [N.Y. TAX Law § 615 New York itemized deduction of a resident individual](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S615.md)
- [N.Y. TAX Law § 616 New York exemptions of a resident individual](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S616.md)
- [N.Y. TAX Law § 617 Resident partners and shareholders of S corporations](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S617.md)
- [N.Y. TAX Law § 617-A Residents; special provisions](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S617-A.md)
- [N.Y. TAX Law § 618 New York taxable income of a resident estate or trust](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S618.md)
- [N.Y. TAX Law § 619 Share of a resident estate, trust or beneficiary in New York fiduciary adjustment](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S619.md)
- [N.Y. TAX Law § 620 Credit for income tax of another state](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S620.md)
- [N.Y. TAX Law § 620-A Credit against separate tax](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S620-A.md)
- [N.Y. TAX Law § 621 Credits to trust beneficiary receiving accumulation distribution](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S621.md)
- [N.Y. TAX Law § 624 Computation of separate tax on the ordinary income portion of lump sum distributions received by resident individuals, estates and trusts](https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S624.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NY_ATAX_A22_P2_S618. Check the current official text before relying on it. Not legal advice.