This version of the form is not currently in use and is provided for reference only. Download this version of Form CT-643 for the current year.
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.
Q: What is Form CT-643?
A: Form CT-643 is a tax form used in New York for businesses to claim the Hire a Veteran Credit.
Q: What is the Hire a Veteran Credit?
A: The Hire a Veteran Credit is a tax credit available to businesses in New York that hire qualified veterans.
Q: Who is eligible for the Hire a Veteran Credit?
A: Businesses in New York that hire qualified veterans are eligible for the Hire a Veteran Credit.
Q: How much is the Hire a Veteran Credit?
A: The credit amount is $2,500 for each qualified veteran hired by the business.
Q: How do businesses claim the Hire a Veteran Credit?
A: Businesses can claim the Hire a Veteran Credit by completing Form CT-643 and including it with their New York state tax return.
Q: Are there any specific requirements for the veterans to be eligible?
A: To be eligible, veterans must have served on active duty in the U.S. armed forces for at least 181 days and received an honorable discharge.
Q: Is there a limit to how many credits a business can claim?
A: No, there is no limit to the number of credits a business can claim as long as they hire qualified veterans.
Q: Is the Hire a Veteran Credit refundable?
A: Yes, the credit is refundable, which means that if the credit exceeds the business's tax liability, the excess amount can be refunded to the business.
Q: Is there a deadline for filing Form CT-643?
A: Form CT-643 must be filed within three years from the due date of the original return or within one year from the date the tax was paid, whichever is later.
Form Details:
Download a printable version of Form CT-643 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.