Section 618. New York taxable income of a resident estate or trust

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