This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form IT-643 for the current year.
This document contains official instructions for Form IT-643 , Hire a Veteran Credit - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-643 is available for download through this link.
Q: What is Form IT-643?
A: Form IT-643 is the form used to claim the Hire a Veteran Credit in New York.
Q: What is the Hire a Veteran Credit?
A: The Hire a Veteran Credit is a tax credit available to eligible employers in New York who hire qualified veterans.
Q: Who is eligible for the Hire a Veteran Credit?
A: Employers in New York who hire qualified veterans are eligible for the Hire a Veteran Credit.
Q: What qualifies as a qualified veteran?
A: A qualified veteran is an individual who has served on active duty in the U.S. Armed Forces and has received an honorable discharge.
Q: How much is the Hire a Veteran Credit?
A: The amount of the credit depends on the number of qualified veterans hired and the number of hours worked by each veteran.
Q: How do I claim the Hire a Veteran Credit?
A: To claim the credit, you must complete and file Form IT-643 with your New York state income tax return.
Q: Are there any limitations or restrictions on the credit?
A: Yes, there are certain limitations and restrictions on the Hire a Veteran Credit. You should review the instructions for Form IT-643 for more details.
Q: Are there any deadlines for claiming the Hire a Veteran Credit?
A: Yes, the credit must be claimed within three years from the end of the tax year in which the qualified veteran was hired.
Q: Is the Hire a Veteran Credit refundable?
A: No, the Hire a Veteran Credit is not refundable. It can only be used to offset your New York state income tax liability.
Instruction Details:
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