Get Ny It-604 2022-2025

The NY IT-604 form, officially known as the Claim for QEZE Tax Reduction Credit, is designed for businesses that qualify for a tax reduction in New York. This guide will walk you through the essential steps to successfully complete the form online, ensuring you accurately provide the necessary information.

Follow the steps to complete the NY IT-604 form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Fill in your name(s) exactly as shown on your tax return along with your taxpayer identification number (TIN).
3. Provide the name of the Empire Zone (EZ) you are associated with and the Employer Identification Number (EIN) of your Qualified Empire Zone Enterprise (QEZE).
4. Indicate if you are affiliated with a Clean Energy Enterprise by marking an 'X' in the provided box, and state whether you meet specific eligibility criteria on the form.
5. Select Section 1 if your QEZE was first certified before April 1, 2005, or Section 2 if it was first certified on or after that date. Complete only the applicable section.
6. For Section 1, provide the date of first certification as issued by Empire State Development and submit all required supporting documents.
7. Complete the employment calculations in Schedule A, which involves entering employment numbers for the current tax year and the previous five-year base period relevant to your QEZE.
8. Continue with the detailed assessments required in Schedule B, C, D, and E, respectively, to perform the necessary calculations regarding your employment and tax figures.
9. If you complete Section 2, follow similar steps to report employment figures and calculations detailed in Schedules J through O.
10. Once all relevant sections are carefully completed, ensure that you have reviewed all the information entered for accuracy before finalizing your submission.
11. Save any changes made to the form, and proceed to download, print, or share the completed IT-604 form as necessary.

Complete your documents online today to ensure timely and efficient filing.