Form IT-236 Credit for Taxicabs and Livery Service Vehicles Accessible to Persons With Disabilities - New York

What Is Form IT-236?

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 IT-236 Credit for Taxicabs and Livery Service Vehicles Accessible to Persons With Disabilities?
A: Form IT-236 is a tax form used in New York to claim a credit for taxicabs and livery service vehicles that are accessible to persons with disabilities.

Q: Who can use Form IT-236?
A: Form IT-236 can be used by taxpayers in New York who own or lease taxicabs or livery service vehicles that are accessible to persons with disabilities.

Q: What is the purpose of the credit?
A: The purpose of the credit is to incentivize the provision of accessible transportation services for persons with disabilities.

Q: What are the eligibility requirements for the credit?
A: To be eligible for the credit, the taxicab or livery service vehicle must be accessible to persons with disabilities and must be used for hire in New York.

Q: How much is the credit?
A: The credit for taxicabs and livery service vehicles accessible to persons with disabilities is equal to 10% of the cost of purchasing or converting an accessible vehicle, up to a maximum credit of $10,000.

Q: How do I claim the credit?
A: To claim the credit, you must complete and attach Form IT-236 to your New York state income tax return.

Q: Are there any limitations or restrictions on the credit?
A: Yes, there are limitations and restrictions on the credit. You cannot claim the credit if you have received or are eligible to receive any federal or state grants or reimbursement for the accessible vehicle.

Q: Is there a deadline for filing Form IT-236?
A: Yes, Form IT-236 must be filed by the due date of your New York state income tax return, which is usually April 15th.