Get Ny It-631 2021-2025

Filling out the NY IT-631 is an important process for individuals seeking to claim the security officer training tax credit. This guide will provide you with clear, step-by-step instructions on how to complete the form accurately and efficiently.

Follow the steps to complete the NY IT-631 form online.

1. Press the ‘Get Form’ button to access the form and open it in your editing tool.
2. In Part 1, enter the calendar year indicated on the certificate of tax credit you received from the New York State Division of Homeland Security and Emergency Services (DHSES).
3. On line 1, input the amount of the security officer training tax credit shown on the certificate from DHSES.
4. For line 2, enter the share of the credit that corresponds to partners, shareholders, or beneficiaries as indicated from Part 2, line 7.
5. Calculate the sum by adding lines 1 and 2 and enter the total on line 3.
6. Fiduciaries should enter the allocated share of the credit to beneficiaries on line 4.
7. Complete line 5 by subtracting line 4 from line 3 to determine your total security officer training tax credit.
8. In Part 2, provide the type of entity (Partnership, S Corporation, or Estate/Trust) and fill in the name, taxpayer identification number, and share of credit for each entity.
9. If needed, add any additional forms of IT-631, ensuring the totals are carried over accurately to line 6.
10. For Part 3, list each beneficiary's name and taxpayer identification number along with their respective shares of the credit.
11. Once you have completed all sections, save your changes, and you can download, print, or share the form as needed.

Begin filling out your NY IT-631 form online today to ensure you claim your security officer training tax credit efficiently.