This version of the form is not currently in use and is provided for reference only. Download this version of Form CT-604 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-604?
A: Form CT-604 is a tax form used to claim the Qeze Tax Reduction Credit in New York.
Q: What is the Qeze Tax Reduction Credit?
A: The Qeze Tax Reduction Credit is a credit available to taxpayers in New York who invest in qualified emerging technology companies.
Q: Who is eligible to claim the Qeze Tax Reduction Credit?
A: Taxpayers who invest in qualified emerging technology companies in New York are eligible to claim the Qeze Tax Reduction Credit.
Q: What is the purpose of the Qeze Tax Reduction Credit?
A: The purpose of the Qeze Tax Reduction Credit is to promote investment in emerging technology companies and stimulate economic growth in New York.
Q: What expenses can be claimed using Form CT-604?
A: Form CT-604 can be used to claim expenses related to investments in qualified emerging technology companies.
Q: When is the deadline for filing Form CT-604?
A: The deadline for filing Form CT-604 is determined by the tax year in which the investment was made. It is important to consult the instructions provided with the form for the specific deadline.
Q: Can the Qeze Tax Reduction Credit be carried forward or refunded?
A: Yes, any unused portion of the Qeze Tax Reduction Credit can be carried forward for up to 5 years. However, it cannot be refunded.
Q: Is there a limit on the total amount of Qeze Tax Reduction Credit that can be claimed?
A: Yes, there is a $500,000 annual cap on the total amount of Qeze Tax Reduction Credit that can be claimed by an individual or a business entity in New York.
Q: Are there any additional requirements or documentation needed to claim the Qeze Tax Reduction Credit?
A: Yes, taxpayers need to provide certain information and documentation related to their investment in qualified emerging technology companies. It is important to review the instructions provided with Form CT-604 for the specific requirements.
Form Details:
Download a printable version of Form CT-604 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.