This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form IT-647, IT-647-ATT for the current year.
This document contains official instructions for Form IT-647 , and Form IT-647-ATT . Both forms are released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-647 is available for download through this link. The latest available Form IT-647-ATT can be downloaded through this link.
Q: What is Form IT-647?
A: Form IT-647 is a form used in New York to claim the Farm Workforce Retention Credit.
Q: What is the purpose of the Farm Workforce Retention Credit?
A: The purpose of the Farm Workforce Retention Credit is to incentivize farm employers in New York to retain employees for agricultural work.
Q: Who is eligible for the Farm Workforce Retention Credit?
A: Farm employers in New York who meet certain requirements are eligible for the Farm Workforce Retention Credit.
Q: What are the requirements to claim the Farm Workforce Retention Credit?
A: To claim the Farm Workforce Retention Credit, farm employers must have had eligible employees during the tax year and fulfill other specific criteria.
Q: What is the deadline for filing Form IT-647?
A: The deadline for filing Form IT-647 is the same as the deadline for filing your New York state income tax return, typically April 15 of the following year.
Q: Are there any attachments required for Form IT-647?
A: Yes, an attachment form called IT-647-ATT must be included with Form IT-647.
Q: Can the Farm Workforce Retention Credit be carried forward or backward?
A: Yes, any unused Farm Workforce Retention Credit can be carried forward to future years or carried back to previous years.
Q: Is there a limit to the amount of Farm Workforce Retention Credit that can be claimed?
A: Yes, there is a maximum credit amount that can be claimed per employee. The specific amount is determined annually by the New York State Department of Agriculture and Markets.
Q: Are there any restrictions on the types of agricultural work eligible for the Farm Workforce Retention Credit?
A: Yes, the credit is only available for employees engaged in certain agricultural activities as defined by the New York State Department of Agriculture and Markets.
Instruction Details:
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