Department of Taxation and FinanceCredit for Employment of Persons with Disabilities Tax Law Section 606(o) Name(s) as shown on returnIT251Identifying number as shown on returnComplete this form.
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How to fill out the NY DTF IT-251 online
Filling out the NY DTF IT-251 form online is essential for claiming the credit for employment of persons with disabilities. This guide provides clear, step-by-step instructions to ensure you complete the form accurately and efficiently.
Follow the steps to successfully fill out the NY DTF IT-251 online.
- Click ‘Get Form’ button to access the NY DTF IT-251 and open it in the editor.
- Begin by entering the name(s) as shown on your return in the designated field at the top of the form.
- Input your identifying number as shown on your return in the appropriate field.
- Indicate if you are claiming the credit for individuals, partnerships, or estates or trusts by selecting Schedule A.
- In Schedule A, enter the total number of qualified full-time employees paid qualified first-year wages in Part 1, Box A.
- For qualified second-year wages, list the total number of employees in Part 2, Box B.
- In Part 1, provide details for each qualified employee, including their Social Security number, the one-year period for qualified wages, and the wages paid during that period in Columns A, C, and D respectively.
- Calculate the total wages in Part 1 and apply the tax credit percentage of 35% to determine the tax credit on qualified first-year wages.
- Repeat the same process in Part 2 for qualified second-year wages, ensuring not to include employees already accounted for in Part 1.
- Aggregate your total tax credit at the end of Parts 1 and 2, and complete any applicable schedules for partnerships or fiduciaries.
- Once all information is accurately filled in, review your entries, then you have the options to save changes, download, print, or share the completed form.
Complete the NY DTF IT-251 online to ensure you can claim the available tax credits.
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