PDF
Word
This version of the form is not currently in use and is provided for reference only. Download this version of
Form IT-637
for the current year.
Form IT-637 Alternative Fuels and Electric Vehicle Recharging Property Credit - New York
What Is Form IT-637?
This is a legal form that was released by the New York State Department of Taxation and Finance - a government authority operating within New York. Check the official instructions before completing and submitting the form.
FAQ
Q: What is Form IT-637?
A: Form IT-637 is a tax form used in New York to claim the Alternative Fuels and Electric Vehicle Recharging Property Credit.
Q: What is the Alternative Fuels and Electric Vehicle Recharging Property Credit?
A: The Alternative Fuels and Electric Vehicle Recharging Property Credit is a tax credit available in New York for the installation of alternative fuel and electric vehicle recharging property.
Q: Who can claim the Alternative Fuels and Electric Vehicle Recharging Property Credit?
A: Individuals, corporations, partnerships, and limited liability companies can claim the Alternative Fuels and Electric Vehicle Recharging Property Credit in New York.
Q: What types of property are eligible for the credit?
A: Property that qualifies for the credit includes alternative fuel vehicle refueling property, electric vehicle recharging property, and alternative fuel vehicle charging property.
Q: How much is the credit?
A: The amount of the credit depends on the eligible costs of the property and is generally a percentage of the costs.
Q: How do I claim the credit?
A: To claim the credit, you must complete and file Form IT-637 with your New York state tax return.
Q: Is there a deadline for claiming the credit?
A: Yes, the credit must be claimed within three years from the due date of the original tax return for the year in which the property was placed in service.
Q: Can the credit be carried forward or refunded?
A: Yes, any unused credit can be carried forward for up to five years, and in some cases, it may be eligible for a refund.
Q: Are there any other requirements or restrictions for claiming the credit?
A: Yes, there are certain requirements and restrictions for claiming the Alternative Fuels and Electric Vehicle Recharging Property Credit. It is recommended to consult the official instructions and guidelines provided by the New York State Department of Taxation and Finance for complete and up-to-date information.
Form Details:
- The latest edition provided by the New York State Department of Taxation and Finance;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form IT-637 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.
Download Form IT-637 Alternative Fuels and Electric Vehicle Recharging Property Credit - New York
1
2
