Get Ny Dtf It-603 2020

This guide provides clear and detailed instructions on how to complete the NY DTF IT-603 form digitally. By following these steps, you can navigate each section of the form with confidence and ensure accurate submission.

Follow the steps to successfully complete the NY DTF IT-603 form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editing interface.
2. Begin by marking the appropriate box if you are a calendar-year filer. If you are not, enter the tax period by specifying the beginning and ending dates.
3. Enter your name as it appears on your tax return along with your taxpayer identification number.
4. Indicate the name of the empire zone (EZ) relevant to your claim.
5. Proceed to Schedule A, where you will compute the EZ Investment Tax Credit (EZ-ITC) and the EZ Employment Incentive Credit (EZ-EIC) allowed for the current tax year or any recapture amount. Input the available carryover from unused credits, total recaptures from previous periods, and calculate the net EZ-ITC and EZ-EIC available for use.
6. Fill out Schedule B by providing the description of the property, date acquired, life in months, unused percentage, life, date the property ceased to qualify, EZ-ITC allowed, and the recaptured EZ-ITC.
7. In Schedule C, compute the EZ-ITC and EZ-EIC used and carried over for the current tax year. Follow the instructions to ensure that all calculations are accurate.
8. Once all sections are completed, you can save changes, download, print, or share the completed form as needed.

Complete your NY DTF IT-603 form online today for a seamless tax experience.