Get Ny It-606 2022-2025

This guide provides a clear, step-by-step approach to filling out the NY IT-606 form online, which is used to claim credit for qualified empire zone enterprises (QEZEs) regarding real property taxes. By following these instructions, users can ensure accurate completion of their forms.

Follow the steps to fill out the NY IT-606 online efficiently.

1. Press the ‘Get Form’ button to access the NY IT-606 form and open it in your preferred online editor.
2. Complete your personal information. Ensure the name(s) are shown as on your tax return and include the taxpayer identification number. You must also provide the name of the empire zone and the name of the QEZE business.
3. Indicate the tax period by entering the beginning and ending dates of the tax year. This information is necessary for processing your claim.
4. Select Section 1 if your QEZE was first certified prior to April 1, 2005. Fill in the date of first certification and provide employment numbers as required in Schedule A, which includes computations for EZ employment and employment numbers for the base period.
5. If your QEZE was certified on or after April 1, 2005, complete Section 2. Enter the necessary information as instructed, including details of employment within the EZ and employment numbers for the base periods in Schedule H.
6. Progress through the subsequent schedules, A through Q as needed. Follow the instructions carefully for any computations, including employment increase factors and eligible real property taxes.
7. After completing all required sections, ensure all relevant data is accurate. Review if there are any instructions for submission based on your specific case or if additional documents are required.
8. Finally, save your changes. You may download, print, or share the completed NY IT-606 form as needed to submit it along with your tax return documents.

Complete your NY IT-606 form online today for an efficient tax credit claim!