Get Ny It-634 2020-2026

The NY IT-634 form is essential for individuals and entities applying for the Empire State Jobs Retention Program Credit. This guide provides clear and detailed instructions on completing the form online, ensuring that users can easily navigate through each section and field.

Follow the steps to complete the NY IT-634 form online.

1. Click 'Get Form' button to obtain the form and open it in the editor.
2. Fill in your name(s) and identifying number as it appears on your return. This is crucial for ensuring your submission is properly attributed.
3. Indicate your year of eligibility by entering a number from 1 to 10 in the designated box. This indicates your specific eligibility status for the credit.
4. Complete Schedule A by entering your Empire State jobs retention program credit amount. If you are a partner, S corporation shareholder, or beneficiary, also fill in your respective shares of the credit from those entities in the appropriate spaces.
5. Proceed to Schedule B if you were a partner in a partnership, an S corporation shareholder, or a beneficiary of an estate or trust. Fill out the name, type (P for partnership, S for S corporation, or ET for estate/trust), and employer identification number for each entity.
6. Move on to Schedule C, where you will report the share of credits and recaptures from beneficiaries and fiduciaries. Ensure that the names and identifying numbers correspond correctly to Form IT-205.
7. Complete Schedule D by detailing the summary of any recapture of credit amounts as stated in the form. This part is integral for understanding any adjustments to the credit.
8. After all sections are completed and double-checked for accuracy, you can save your changes, download a copy of the completed form, or print it for your records.
9. Lastly, ensure that you attach any required certificates of tax credit issued by Empire State Development before final submission.

Prepare your documents and confidently fill out the NY IT-634 online today.