This version of the form is not currently in use and is provided for reference only. Download this version of Form CT-649 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-649?
A: Form CT-649 is a tax form used in New York to claim the Farm Donations to Food Pantries Credit.
Q: What is the purpose of the Farm Donations to Food Pantries Credit?
A: The purpose of the Farm Donations to Food Pantries Credit is to provide a tax credit for farmers who make eligible donations of food to food pantries in New York.
Q: Who is eligible to claim the Farm Donations to Food Pantries Credit?
A: Farmers in New York who make eligible donations of food to food pantries are eligible to claim the credit.
Q: What is considered an eligible donation of food?
A: To be considered eligible, the donated food must be of agricultural origin, such as fresh produce or dairy products.
Q: How much is the credit?
A: The credit is equal to 25% of the fair market value of the eligible food donated.
Q: What is the maximum credit that can be claimed?
A: The maximum credit that can be claimed is $5,000 per taxpayer.
Q: How do I claim the Farm Donations to Food Pantries Credit?
A: To claim the credit, you must complete and file Form CT-649 with your New York State tax return.
Q: Are there any other requirements or limitations for claiming the credit?
A: Yes, there are certain requirements and limitations, such as keeping proper records of the donated food and obtaining written acknowledgement from the food pantry.
Form Details:
Download a printable version of Form CT-649 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.