This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form IT-605 for the current year.
This document contains official instructions for Form IT-605 , Claim for Ez Employment Incentive Credit for the Financial Services Industry - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-605 is available for download through this link.
Q: What is Form IT-605?
A: Form IT-605 is a form used to claim the Ez Investment Tax Credit and Ez Employment Incentive Credit for the Financial Services Industry in New York.
Q: Who can use Form IT-605?
A: Financial services businesses in New York can use Form IT-605 to claim the Ez Investment Tax Credit and Ez Employment Incentive Credit.
Q: What are the Ez Investment Tax Credit and Ez Employment Incentive Credit?
A: The Ez Investment Tax Credit is a tax credit for certain investments made by financial services businesses. The Ez Employment Incentive Credit is a tax credit for hiring qualified employees in certain regions of New York.
Q: How do I fill out Form IT-605?
A: You must provide information about your business, including details of your investments and qualified employees. Follow the instructions on the form carefully to ensure accuracy.
Q: What is the deadline for filing Form IT-605?
A: The deadline to file Form IT-605 is generally the same as the deadline for filing your New York State tax return, which is typically April 15th.
Q: Are there any supporting documents required with Form IT-605?
A: Yes, you may need to attach additional documentation, such as a certification of eligibility for the Ez Investment Tax Credit or proof of eligible new hires for the Ez Employment Incentive Credit.
Instruction Details:
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