This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form CT-649 for the current year.
This document contains official instructions for Form CT-649 , Farm Donations to Food Pantries Credit - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form CT-649 is available for download through this link.
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 donate food to eligible food pantries in New York.
Q: Who is eligible to claim the Farm Donations to Food Pantries Credit?
A: Farmers who make qualifying donations of food to eligible food pantries in New York are eligible to claim the credit.
Q: What types of donations are eligible for the credit?
A: Qualifying donations include fresh fruits, vegetables, dairy products, meat, and eggs that are grown or produced by the farmer.
Q: How much is the tax credit?
A: The credit is equal to 25% of the fair market value of the food donated, up to a maximum of $5,000 per taxpayer.
Q: How do I claim the Farm Donations to Food Pantries Credit?
A: To claim the credit, you must complete Form CT-649 and attach it to your New York state tax return.
Q: Are there any deadlines for claiming the credit?
A: Yes, the deadline for claiming the credit is the same as the deadline for filing your New York state tax return.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the New York State Department of Taxation and Finance.