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BANKING CORPORATION TAX WORKSHEET OF CHANGES IN TAX BASE MADE BY INTERNAL 2021
REVENUE SERVICE AND/OR NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE
You MUST attach this Worksheet to Amended Returns filed on Form NYC-1, or NYC-1A, for each tax period for which you or any member of the combined
group is reporting any change or correction to taxable income or other basis of tax by the IRS or the NYS Department of Taxation and Finance.
NAME: EMPLOYER
IDENTIFICATION
NUMBER:
ARE YOU REPORTING A CHANGE NEW FILING STATUS: ORIGINAL RETURN WAS FILED ON:
IN FILING STATUS? (SEE INSTRUCTIONS)
n YES n NO n SEPARATE n COMBINED n
COMBINEDCHANGE INGROUP n NYC-1 n NYC-1A
DATE OF FINAL
DETERMINATION: n FEDERAL ____________ ____________ - ____________- n NEW YORK STATE ____________ ____________ - ____________-
COLUMN 1 COLUMN 2 COLUMN 3
Originally Reported/Adjusted Net Change Correct Amount
PART I (IF FILING A COMBINED RETURN, SKIP PART I, AND COMPLETE PART III BEFORE COMPLETING PART II)
COMPUTATION AND ALLOCATION
OF ENTIRE NET INCOME

1. Federal taxable income (FTI) before net operating
loss (NOL) and special deductions (from Form NYC-1,
Schedule B, line 1) ...................................................... _________________________________________________________________
2. Total NYC Additions to FTI (from Form NYC-1,
Schedule B, line 13) .................................................... _________________________________________________________________
3. Add lines 1 and 2......................................................... _________________________________________________________________
4. Total NYC Subtractions from FTI (from Form NYC-1,
Schedule B, line 29) .................................................... _________________________________________________________________
5. Entire net income (ENI) (subtract line 4 from line 3) ... _________________________________________________________________
6. Entire net income allocation percentage (from Form
NYC-1, Schedule G, part 1, line 7).............................. _________________________________________________________________
7. Allocated entire net income (multiply line 6 by line 5) . _________________________________________________________________

COMPUTATION AND ALLOCATION OF
ALTERNATIVE ENTIRE NET INCOME

8. Entire net income (from line 5) .................................... _________________________________________________________________
9. Interest income from subsidiary capital
(from Form NYC-1, Schedule B, line 22)..................... _________________________________________________________________
10. Dividend income, gains and losses from subsidiary
capital (from Form NYC-1, Schedule B, line 23 and 24).. _________________________________________________________________
11. Interest income on obligations of N.Y. State, its
political subdivisions, or the U.S.
(from Form NYC-1, Schedule B, line 25)..................... _________________________________________________________________
12. Alternative entire net income (add lines 8, 9, 10, and 11) _________________________________________________________________
13. Alternative entire net income allocation percentage
(from Form NYC-1, Schedule G, part 2, line 5 rounded
to the nearest one hundredth of a percentage point) .. _________________________________________________________________
14. Allocated alternative entire net income (multiply line 12
by line 13) Computation and Allocation of Taxable Assets _____________________________________________________________________
COMPUTATION AND ALLOCATION OF
TAXABLE ASSETS
15. Average value of total assets (from Form NYC-1,
Schedule D, line 1)...................................................... _________________________________________________________________
16. Money or other property received from the Federal
Deposit Insurance Corporation or from the Federal
Savings and Loan Insurance Corporation
(from Form NYC-1, Schedule D, line 2) ...................... _________________________________________________________________
17. Taxable assets (line 15 minus line 16)........................ _________________________________________________________________
18. Taxable assets allocation percentage (from Form NYC-1,
Schedule G, part 3, line 7 rounded to the nearest
one hundredth of a percentage point) ......................... _________________________________________________________________
19. Allocated taxable assets (multiply line 17 by line 18).. _________________________________________________________________
20. Applicable tax rate (from Form NYC-1, Schedule D) .. _________________________________________________________________
BCT reporting worksheet - 2021

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BANKING CORPORATION TAX WORKSHEET OF CHANGES IN TAX BASE 2021
MADE BY INTERNAL REVENUE SERVICE AND/OR NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE - continued

COLUMN 1 COLUMN 2 COLUMN 3
Originally Reported/Adjusted Net Change Correct Amount
PART II
COMPUTATION OF BANKING
CORPORATION TAX
21. Tax on allocated entire net income (multiply line 7 by
9%; if filing combined return multiply line 43 by 9%)... _________________________________________________________________
22. Tax on allocated alternative entire net income
(multiply line 14 by 3%; if filing combined return
multiply line 48 by 3%) ................................................ _________________________________________________________________
23. Tax on allocated taxable assets (multiply line 19 by
line 20; if filing combined return multiply line 53 by line 54) . _________________________________________________________________
24. Fixed minimum tax- no reduction is permitted for a
period of less than 12 months (if filing combined $125.00
enter fixed minimum tax for designated parent only) .. _________________________________________________________________
25. Tax (line 21, 22, 23, or 24, whichever is largest)......... _________________________________________________________________
26. Combined fixed minimum tax for subsidiaries
(from Form NYC-1A, Schedule A, line 6) .................... _________________________________________________________________
27. Total tax (line 25 plus line 26) ..................................... _________________________________________________________________
28. UBT Paid Credit (from NYC-9.7B, Schd. A, line 4 or 7) . _________________________________________________________________
29. Relocation and Employment Assistance Program (REAP)
credit (from Form NYC-9.5, line 11) ........................... _________________________________________________________________
30. Lower Manhattan Relocation and Employment
Assistance Program (LMREAP) credit
(from Form NYC-9.8, line 11)...................................... _________________________________________________________________
31. Total credits (line 28 plus line 29 plus line 30) ............ _________________________________________________________________
32. Net tax (line 27 minus line 31)..................................... _________________________________________________________________

COLUMN A COLUMN B
Additional Tax Due Refund Due
ADDITIONAL TAX OR REFUND DUE

33. If line 32 (col. 3) exceeds line 32 (col. 1), enter the difference in column A............ ___________________________________________
34. If line 32 (col. 3) is less than line 32 (col. 1), enter the difference in column B ....... ___________________________________________
35. Interest (see instructions to Form NYC-1, Schedule A, line 15a)............................ ___________________________________________
36. Additional charges (see instructions to Form NYC-1, Schedule A, line 15b).......... ___________________________________________
37. Total amount due (add lines 33, 35, and 36) .......................................................... ___________________________________________
38. Refund due (enter amount from line 34 above) ...................................................... ___________________________________________

COLUMN 1 COLUMN 2 COLUMN 3
Originally Reported/Adjusted Net Change Correct Amount
PART III (IF FILING A COMBINED RETURN, COMPLETE THIS PART FIRST)
COMPUTATION AND ALLOCATION
OF COMBINED ENTIRE NET INCOME

39. Total entire net income of all combined group members
(from Form NYC-1A, Schedule K, line 36, Column A) _________________________________________________________________
40. Intercorporate eliminations (from Form NYC-1A,
Schedule K, line 36, Column B) .................................. _________________________________________________________________
41. Combined entire net income (from Form NYC-1A,
Schedule K, line 36, Column C) .................................. _________________________________________________________________
42. Combined entire net income allocation percentage
(from Form NYC-1A, Schedule J, line 14)................... _________________________________________________________________
43. Allocated combined entire net income (multiply line 41
by line 42) ................................................................... _________________________________________________________________

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BANKING CORPORATION TAX WORKSHEET OF CHANGES IN TAX BASE 2021
MADE BY INTERNAL REVENUE SERVICE AND/OR NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE - continued

COLUMN 1 COLUMN 2 COLUMN 3
Originally Reported/Adjusted Net Change Correct Amount
COMPUTATION AND ALLOCATION OF
ALTERNATIVE COMBINED ENTIRE NET INCOME
44. Total alternative entire net income of all combined
group members (from Form NYC-1A, Schedule L,
line 40, Column A)....................................................... _________________________________________________________________
45. Intercorporate eliminations (from Form NYC-1A,
Schedule L, line 40, Column B)................................... _________________________________________________________________
46. Combined alternative entire net income (from Form
NYC-1A, Schedule L, line 40, Column C) ................... _________________________________________________________________
47. Combined alternative entire net income allocation
percentage (from Form NYC-1A, Schedule J, line 21) _________________________________________________________________
48. Allocated combined alternative entire net income
(multiply line 46 by line 47) ......................................... _________________________________________________________________
COMPUTATION AND ALLOCATION OF
COMBINED TAXABLE ASSETS
49. Total taxable assets of all combined group members
(from Form NYC-1A, Schedule M, line 46, Column A) _________________________________________________________________
50. Intercorporate eliminations (from Form NYC-1A,
Schedule M, line 46, Column B).................................. _________________________________________________________________
51. Combined taxable assets (from Form NYC-1A,
Schedule M, line 46, Column C).................................. _________________________________________________________________
52. Combined taxable assets allocation percentage
(from Form NYC-1A, Schedule J, line 35)................... _________________________________________________________________
53. Allocated combined taxable assets (multiply line 51
by line 52).................................................................... _________________________________________________________________
54. Applicable tax rate (from Form NYC-1A, Schedule M) _________________________________________________________________

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BANKING CORPORATION TAX WORKSHEET OF CHANGES IN TAX BASE                                              2021
MADE BY INTERNAL REVENUE SERVICE AND/OR NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE - continued 
                                                          EXPLANATION OF CHANGES
Enter the form and line number for each income, deduction, capital and allocation component that is changing and give the 
reason for each change. Attach all supporting forms and schedules for items changed. Be sure to include the corporation 
name and EIN number on each attachment.
 
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