This version of the form is not currently in use and is provided for reference only. Download this version of Form CT-650 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-650 Empire State Apprenticeship Tax Credit?
A: Form CT-650 Empire State Apprenticeship Tax Credit is a form used in New York to claim the tax credit for hiring apprentices.
Q: Who is eligible to claim the Empire State Apprenticeship Tax Credit?
A: Employers in New York who have hired eligible apprentices are eligible to claim the Empire State Apprenticeship Tax Credit.
Q: What is the purpose of the Empire State Apprenticeship Tax Credit?
A: The purpose of the Empire State Apprenticeship Tax Credit is to encourage employers to hire and train apprentices in New York.
Q: How much is the tax credit?
A: The amount of the tax credit varies depending on the wages paid to eligible apprentices and the duration of their employment.
Q: What are the eligibility requirements for apprentices?
A: To be eligible, apprentices must be enrolled in an apprenticeship program registered with the New York State Department of Labor.
Q: How can I claim the Empire State Apprenticeship Tax Credit?
A: To claim the tax credit, employers must complete and file Form CT-650 Empire State Apprenticeship Tax Credit with the New York State Department of Taxation and Finance.
Q: When is the deadline to file Form CT-650?
A: Form CT-650 must be filed annually by January 31st for the previous calendar year.
Q: Are there any other requirements to be eligible for the tax credit?
A: Yes, employers must also meet certain wage and employment requirements for eligible apprentices.
Form Details:
Download a printable version of Form CT-650 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.