Get Ny It-252 2021-2026

The NY IT-252 form is essential for claiming investment tax credits within the financial services industry in New York. This guide provides a step-by-step approach on how to effectively complete the form online, ensuring users have a clear understanding of each component.

Follow the steps to accurately complete the NY IT-252 online.

1. Press the ‘Get Form’ button to access the IT-252 document and open it in your preferred online platform.
2. Enter your name(s) as they appear on your tax return in the designated field.
3. Specify the type of business you operate by selecting the relevant option from the provided list.
4. Indicate the date your business commenced operations in New York State.
5. Provide your identifying number as shown on your tax return.
6. Fill in the location of the qualified property. If there are multiple properties, attach a schedule with the additional information.
7. Enter the NAICS code that corresponds with your business activities, as referenced in the instructions.
8. In Part 1, compute your tax credit as follows: complete lines 1 through 9 accurately, adding totals where indicated.
9. Calculate the total investment tax credit and apply any necessary adjustments per the instructions contained in the form.
10. Continue through Parts 2 through 5, ensuring that all details regarding early dispositions, credit applications, and calculations are filled out correctly.
11. Once all sections are completed, review your entries for accuracy.
12. Save any changes made, and you may choose to download, print, or share your completed form as needed.

Take the next step in your tax preparation by completing your forms online today.