Statutes, codes, and regulations
New York Codes, Rules and Regulations
Title 20 - DEPARTMENT OF TAXATION AND FINANCEChapter II - Income Taxes and Estate TaxesSubchapter A - New York State Personal Income Tax Under Article 22 Of The Tax LawArticle 3 - NonresidentsPart 132 - New York Adjusted Gross Income of a Nonresident Individual
Income and Deductions from New York State Sources
Section 132.2 - Income and deductions from New York State sources-general

N.Y. Comp. Codes R. & Regs. tit. 20 § 132.2

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Current through Register Vol. 46, No. 51, December 18, 2024
Section 132.2 - Income and deductions from New York State sources-general

Tax Law, § 632(b)(1)

A nonresident individual's items of income, gain, loss and deduction derived from or connected with New York State sources are the items attributable to:

(a) the ownership of any interest in real or tangible personal property in New York State (see section 132.3 of this Part); or
(b) a business, trade, profession or occupation carried on in New York State (see section 132.4 of this Part).

N.Y. Comp. Codes R. & Regs. Tit. 20 § 132.2