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  • Form It-250 Claim For Credit For Purchase Of An Automated External Defribrillator Tax Year 2021

Get Form It-250 Claim For Credit For Purchase Of An Automated External Defribrillator Tax Year 2021

IT250Department of Taxation and FinanceClaim for Credit for Purchase of an Automated External Defibrillator Tax Law Article 22, Section 606(s)Submit this form with Form IT201, IT203, IT204, or IT205.

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Credit amount The amount of the credit allowed for each automated external defibrillator purchased (other than for resale) during the tax year is equal to the lesser of: • the cost to the taxpayer of the automated external defibrillator, or • $500.

How much is the credit? The credit is equal to the purchase cost of the unit, or $500, whichever is less. You may claim the credit for any number of units that you or your business purchased during the tax year. However, the credit cannot exceed $500 for each unit.

If you are buying an AED for your personal use, because you or a family member has been diagnosed with heart trouble, and your doctor has recommended one, then it would be an allowable medical expense. Any expense that is deductible is also allowable for HSA reimbursement.

Who is eligible? You are entitled to claim this nonrefundable credit for the tax year if: you were a full-year or part-year resident of New York State, or a New York State-resident estate or trust, or a part-year resident trust; and.

How much is the credit? The amount of the credit is the product of the amount of real property tax which exceeds 6% of the taxpayer's qualified gross income (QGI), and a specified rate based on the taxpayer's QGI. To claim the credit, the computed amount must exceed $250. The maximum credit allowed is $350.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232