This version of the form is not currently in use and is provided for reference only. Download this version of Form CT-635 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-635?
A: Form CT-635 is a tax form used in New York to claim the New York Youth Jobs ProgramTax Credit.
Q: What is the New York Youth Jobs Program Tax Credit?
A: The New York Youth Jobs Program Tax Credit is a tax credit available to businesses that hire qualified at-risk youth in New York.
Q: Who is eligible for the New York Youth Jobs Program Tax Credit?
A: Businesses in New York that hire qualified at-risk youth between the ages of 16 and 24 are eligible for the tax credit.
Q: How much is the New York Youth Jobs Program Tax Credit?
A: The tax credit amount is based on the wages paid to eligible employees and can range from $500 to $2,000 per employee.
Q: How do I claim the New York Youth Jobs Program Tax Credit?
A: To claim the tax credit, businesses must complete Form CT-635 and submit it with their annual tax return.
Q: Are there any deadlines for claiming the New York Youth Jobs Program Tax Credit?
A: Yes, businesses must submit Form CT-635 within three years from the end of the taxable year in which the credit is earned.
Q: Are there any other requirements for claiming the New York Youth Jobs Program Tax Credit?
A: Yes, businesses must meet certain criteria and follow specific guidelines outlined by the New York State Department of Taxation and Finance.
Q: Can individuals claim the New York Youth Jobs Program Tax Credit?
A: No, the tax credit is only available to businesses that hire qualified at-risk youth in New York.
Q: Is the New York Youth Jobs Program Tax Credit refundable?
A: No, the tax credit is not refundable, but any unused credit can be carried forward for up to five years.
Form Details:
Download a printable version of Form CT-635 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.