This version of the form is not currently in use and is provided for reference only. Download this version of Form IT-251 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 IT-251?
A: Form IT-251 is the Credit for Employment of Persons With Disabilities form for New York.
Q: Who can claim the credit?
A: Employers in New York who hire individuals with disabilities can claim the credit.
Q: What is the purpose of the credit?
A: The credit encourages employers to hire individuals with disabilities and provide equal employment opportunities.
Q: How much is the credit?
A: The credit amount is 50% of the wages paid to qualified individuals, up to $5,000 per eligible employee.
Q: What are the eligibility criteria?
A: To be eligible, the individual must have a disability that qualifies under the American with Disabilities Act and must be employed by the taxpayer for at least 180 days during the tax year.
Q: How is the credit calculated?
A: The credit is calculated by multiplying the qualified employee's wages by 50%.
Q: How do I claim the credit?
A: To claim the credit, file Form IT-251 with your New York State income tax return.
Q: Are there any limitations on the credit?
A: Yes, the credit cannot exceed the taxpayer's tax liability for the tax year.
Q: Are there any other requirements?
A: Yes, employers must retain records and documentation to support the credit claimed.
Form Details:
Download a fillable version of Form IT-251 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.