This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form CT-631 for the current year.
This document contains official instructions for Form CT-631 , Claim for Security Officer Training Tax Credit - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form CT-631 is available for download through this link.
Q: What is Form CT-631?
A: Form CT-631 is the claim form for the Security Officer Training Tax Credit in New York.
Q: Who is eligible to file Form CT-631?
A: Security officer training providers in New York who meet certain requirements are eligible to file Form CT-631.
Q: What is the Security Officer Training Tax Credit?
A: The Security Officer Training Tax Credit is a tax credit that can be claimed by eligible security officer training providers in New York.
Q: What are the requirements to be eligible for the tax credit?
A: To be eligible for the tax credit, security officer training providers must be approved by the New York State Department of State and must have provided approved training courses during the tax year.
Q: How much is the tax credit?
A: The tax credit is equal to 10% of the eligible training costs incurred during the tax year, up to a maximum of $350 per trainee.
Q: When is the deadline to file Form CT-631?
A: The deadline to file Form CT-631 is the same as the deadline for filing the New York State income tax return, which is generally April 15th.
Q: Can I claim the tax credit for training provided in a previous tax year?
A: No, the tax credit can only be claimed for training provided during the tax year for which Form CT-631 is being filed.
Q: What documentation do I need to submit with Form CT-631?
A: Documentation required to be submitted with Form CT-631 includes proof of approval as a security officer training provider and documentation of approved training courses provided.
Q: Can the tax credit be carried forward or refunded?
A: No, the tax credit cannot be carried forward to future tax years or refunded.
Instruction Details:
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