Get Ny It-606 2020

The NY IT-606 form is essential for claiming the Qualified Empire Zone Enterprise (QEZE) credit for real property taxes. This guide provides clear, step-by-step instructions for completing the form online, ensuring that users can easily navigate each section and field.

Follow the steps to complete the NY IT-606 form effectively.

1. Click ‘Get Form’ button to access the form and display it in your editing environment.
2. Enter the tax period at the top of the form. This includes both the beginning and ending dates for the tax year.
3. Fill in your name as it appears on your tax return along with your taxpayer identification number.
4. Identify the name of the Empire Zone and the Qualified Empire Zone Enterprise (QEZE) business, including the Employer Identification Number (EIN).
5. If applicable, mark the box indicating if you are a Clean Energy Enterprise (CEE) or if you meet specific criteria related to the date of certification and brownfield site cleanup.
6. Choose to complete either Section 1 or Section 2. If your QEZE was first certified before April 1, 2005, proceed with Section 1; otherwise, fill out Section 2.
7. In the applicable section, enter the required employment numbers for the current year and base periods, ensuring accuracy based on the provided instructions.
8. Complete the relevant computations on Schedule A, B, C, or D, as per your QEZE certification date, to determine eligibility and credit calculations.
9. Review each section for completeness and accuracy, apply necessary calculations, and check all boxes as appropriate before finalizing.
10. Once all information is entered, save your changes, and choose to download, print, or share the form as required.

Start completing your documents online today to ensure you take full advantage of available credits.