Get Ny Dtf Ct-241 2022-2025

Filling out the NY DTF CT-241 form is essential for claiming the clean heating fuel credit. This guide will provide you with clear, step-by-step instructions to ensure that you complete the form accurately and efficiently.

Follow the steps to fill out the NY DTF CT-241 online.

1. Press the ‘Get Form’ button to access the document. This will allow you to open the form and start filling it out online.
2. Begin by entering the tax period details, including the start and end dates, at the top of the form.
3. Provide the legal name of the corporation as well as the employer identification number (EIN) in the designated fields.
4. Move to Part 1 and first fill in the purchase date for the clean heating fuel.
5. In column B, enter the number of gallons of bioheating fuel that are eligible for credit.
6. Fill in column C with the percentage of biodiesel per gallon as a decimal, ensuring that the value is between .06 and .20.
7. Calculate the amount for column D by multiplying the values from column B by column C.
8. Add up the totals from column D; this will form the credit amount in line 1.
9. If applicable, enter any clean heating fuel credits passed through from partnerships in line 2.
10. For line 3, sum lines 1 and 2 to determine the total clean heating fuel credit available.
11. If you are filing as an S corporation, transfer the total to Form CT-34-SH when indicated.
12. Proceed to Part 2 and fill out the relevant details for tax computation, including tax due before credits and any claimed tax credits.
13. Provide the unused clean heating fuel credit calculated in line 10, and specify any amounts to be refunded or credited for the next year.
14. Complete Part 3 only if partnerships are involved; otherwise, leave it blank.
15. Once you have filled in all necessary fields, review the document for accuracy, and then save your changes, download, print, or share your completed form.

Start filling out your NY DTF CT-241 online to successfully claim your clean heating fuel credit.