Instructions for Form DTF-624 Claim for Low-Income Housing Credit - New York

Form DTF-624 Claim for Low-Income Housing Credit - New York

This document contains official instructions for Form DTF-624 , Claim for Low-Income Housing Credit - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form DTF-624 is available for download through this link.

FAQ

Q: What is Form DTF-624?
A: Form DTF-624 is a form used to claim the Low-Income Housing Credit in New York.

Q: Who can use Form DTF-624?
A: Individuals and businesses who meet the eligibility requirements for the Low-Income Housing Credit in New York can use Form DTF-624.

Q: What is the Low-Income Housing Credit?
A: The Low-Income Housing Credit is a tax credit available to individuals and businesses who develop or invest in low-income housing properties.

Q: How do I fill out Form DTF-624?
A: You need to provide your personal and property information, as well as details about your low-income housing project, on Form DTF-624.

Q: Are there any filing deadlines for Form DTF-624?
A: Yes, the filing deadline for Form DTF-624 varies based on the specific low-income housing project. You should refer to the instructions provided with the form for the deadline.

Q: Are there any fees associated with filing Form DTF-624?
A: No, there are no fees associated with filing Form DTF-624.

Q: What other supporting documents do I need to include with Form DTF-624?
A: You may need to include additional documents such as project plans, financial statements, and partnership agreements, depending on the specifics of your low-income housing project. Refer to the instructions provided with the form for a complete list of required documents.