Get Ny Dtf It-251 2021-2025

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.

1. Click ‘Get Form’ button to access the NY DTF IT-251 and open it in the editor.
2. Begin by entering the name(s) as shown on your return in the designated field at the top of the form.
3. Input your identifying number as shown on your return in the appropriate field.
4. Indicate if you are claiming the credit for individuals, partnerships, or estates or trusts by selecting Schedule A.
5. In Schedule A, enter the total number of qualified full-time employees paid qualified first-year wages in Part 1, Box A.
6. For qualified second-year wages, list the total number of employees in Part 2, Box B.
7. 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.
8. 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.
9. Repeat the same process in Part 2 for qualified second-year wages, ensuring not to include employees already accounted for in Part 1.
10. Aggregate your total tax credit at the end of Parts 1 and 2, and complete any applicable schedules for partnerships or fiduciaries.
11. 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.