Get Form Ct-250:2014: Credit For Purchase Of An Automated External ... - Tax Ny

The Form CT-250:2014 allows eligible businesses to claim a tax credit for the purchase of an automated external defibrillator (AED). This guide provides clear, step-by-step instructions on how to complete the form online efficiently and accurately.

Follow the steps to fill out the form correctly.

1. Press the ‘Get Form’ button to obtain the form and open it in your digital environment.
2. Fill in the tax period by entering the beginning and ending dates in the designated fields.
3. Provide the legal name of the corporation and employer identification number (EIN) in the specified sections.
4. In Part 1, list the name and model number of each automated external defibrillator purchased in Column A, the purchase date in Column B, and the cost in Column C. Ensure the cost does not exceed $500.
5. In Column D, input the maximum credit allowed, which is $500 for each unit, and in Column E, enter the lesser amount from either Column C or D.
6. Calculate the total of all amounts in Column E, and enter the total on Line 1.
7. If you have credit from partnerships, complete Line 2 with the amount provided by the partnership.
8. Add the totals from Lines 1 and 2 to complete Line 3, which represents the total credit for the current tax year.
9. If applicable, complete Part 2 concerning the computation of credit used, starting from Line 4, calculating your tax before credits and entering other tax credits as per the instructions.
10. Finalize by ensuring all entries are complete and accurate. Save your changes, and download, print, or share the completed form as necessary.

Complete your tax documents online quickly and accurately today!