Get Ny It-631 2020

The NY IT-631 form is essential for claiming the security officer training tax credit. This guide will provide you with clear, step-by-step instructions to help you effectively complete the form online.

Follow the steps to successfully fill out the NY IT-631 online.

1. Press the ‘Get Form’ button to access the form and open it in your editor.
2. In Part 1, enter the calendar year as shown on your certificate of tax credit from the New York State Division of Homeland Security and Emergency Services (DHSES). This is designated as line A.
3. On line 1, input the amount from your certificate of tax credit issued by the New York State DHSES. Attach a copy of this certificate when submitting your form.
4. For line 2, enter your share of the credit from Part 2, line 7 if applicable.
5. Add lines 1 and 2 together for line 3. If you are a fiduciary, refer to the instructions for specific guidance.
6. If applicable, enter the share of credit allocated to beneficiaries on line 4.
7. On line 5, calculate the total security officer training tax credit by subtracting line 4 from line 3.
8. Proceed to Part 2, where you will need to provide information regarding partnerships, S corporations, and estates or trusts, entering the necessary type and employer identification number.
9. Complete line D for the share of credit allocated to the entity.
10. If you need additional space, use extra Forms IT-631 as necessary and include their totals on line 6.
11. Finally, review all your entries for accuracy, then save your changes. You may choose to download, print, or share the completed form.

Complete your documents online now to take advantage of the security officer training tax credit.