Get Ny It-611.1 2020

The NY IT-611.1 form is essential for claiming the brownfield redevelopment tax credit for qualified sites accepted into the Brownfield Cleanup Program. This guide will provide clear instructions on filling out the form online, ensuring a smooth and efficient process for all users.

Follow the steps to complete the NY IT-611.1 online.

1. Press the ‘Get Form’ button to access the NY IT-611.1 and open it in your online editor.
2. Indicate your filing status by marking an X in the appropriate box for calendar-year filers or entering your tax period's beginning and ending dates.
3. Complete your personal information section by entering your name(s) as shown on your return along with your identifying number.
4. Answer question A to confirm if the Department of Environmental Conservation (DEC) accepted the site into the Brownfield Cleanup Program during the applicable dates.
5. If applicable, provide the date of execution of the Brownfield Cleanup Agreement (BCA) in the designated format.
6. Enter the site name, location, municipality, county, DEC region, and the DER site number as noted on the Certificate of Completion.
7. If a copy of the COC is available, submit it as required. If the COC has been transferred, specify the transfer date and include the necessary documentation.
8. Indicate if the qualified site is in an environmental zone and, if so, input the percentage located within that zone.
9. Complete the section on credit components by detailing your costs and dates incurred for site preparation, groundwater remediation, and tangible property.
10. Conclude by reviewing all entered information, saving any changes made, and downloading, printing, or sharing the form as needed.

Start filling out your NY IT-611.1 form online today to claim your tax credit!