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This version of the form is not currently in use and is provided for reference only. Download this version of
Form CT-642
for the current year.
Form CT-642 Empire State Musical and Theatrical Production Credit - New York
What Is Form CT-642?
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. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form CT-642?
A: Form CT-642 is the Empire State Musical and Theatrical Production Credit form for New York.
Q: What is the purpose of Form CT-642?
A: The purpose of Form CT-642 is to claim the Empire State Musical and Theatrical Production Credit in New York.
Q: Who can file Form CT-642?
A: Form CT-642 can be filed by eligible taxpayers who are engaged in musical and theatrical productions in the state of New York.
Q: What is the Empire State Musical and Theatrical Production Credit?
A: The Empire State Musical and Theatrical Production Credit is a tax credit available to eligible taxpayers engaged in musical and theatrical productions in New York.
Q: What expenses qualify for the Empire State Musical and Theatrical Production Credit?
A: Expenses related to the production of eligible musical and theatrical productions, such as production costs, labor costs, and certain qualified stage productions costs, may qualify for the credit.
Q: What is the deadline for filing Form CT-642?
A: The deadline for filing Form CT-642 is the same as the deadline for filing the taxpayer's income tax return for the tax year.
Q: Are there any limitations or restrictions for claiming the Empire State Musical and Theatrical Production Credit?
A: Yes, there are certain limitations and restrictions for claiming the credit. It is important to review the instructions and guidelines provided with Form CT-642 or consult a tax professional for more information.
Q: Can Form CT-642 be filed electronically?
A: Yes, Form CT-642 can be filed electronically using the New York State e-file system.
Q: Is the Empire State Musical and Theatrical Production Credit refundable?
A: No, the Empire State Musical and Theatrical Production Credit is not refundable. Any unused credit cannot be refunded, but it may be carried forward for future tax years.
Form Details:
- The latest edition provided by the New York State Department of Taxation and Finance;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form CT-642 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.
Download Form CT-642 Empire State Musical and Theatrical Production Credit - New York
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