Get Ny It-631 2024-2026

Filling out the NY IT-631 form for the security officer training tax credit can be straightforward with the right guidance. This document provides step-by-step instructions to help users accurately complete each section of the form online.

Follow the steps to fill out the NY IT-631 form accurately.

1. Press the ‘Get Form’ button to access the NY IT-631 form online and open it in the appropriate editor.
2. Begin by entering the name(s) as shown on your personal income tax return.
3. Input your taxpayer identification number clearly in the designated field.
4. In Part 1, write the calendar year shown on the certificate of tax credit issued by the New York State Division of Homeland Security and Emergency Services (DHSES) in line A.
5. Complete line 1 by inputting the amount of security officer training tax credit, ensuring a copy of the certificate is submitted as instructed.
6. For line 2, enter the partner, shareholder, or beneficiary share of the credit from Part 2, line 7.
7. Add the amounts from lines 1 and 2 and write the total in line 3. If you are a fiduciary, follow the specific instructions provided.
8. Line 4 is for fiduciaries only; enter the share of credit allocated to beneficiaries from Part 3, column C.
9. For line 5, subtract line 4 from line 3 to determine your total security officer training tax credit.
10. Next, complete Part 2 with details about the partnership, corporation, or trust, including the type (P, S, or ET), name of entity, employer identification number, and share of credit.
11. If you have multiple entities, complete additional forms, entering the total from column D on line 6.
12. Total the amounts from column D and enter the final total on line 7, carrying it back to line 2 in Part 1.
13. Finally, complete Part 3 by entering the beneficiary’s name, identifying number, and share of credit as necessary.
14. Once all sections are complete, review your entries for accuracy. Save your changes, and you may choose to download, print, or share the form as needed.

Complete your NY IT-631 form online today to ensure you claim your security officer training tax credit!