Instructions for Form IT-256 Claim for Special Additional Mortgage Recording Tax Credit - New York

Form IT-256 Claim for Special Additional Mortgage Recording Tax Credit - New York

This document contains official instructions for Form IT-256 , Claim for Special Additional Mortgage Recording Tax Credit - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-256 is available for download through this link.

FAQ

Q: What is Form IT-256?
A: Form IT-256 is a document used to claim the Special Additional Mortgage Recording Tax Credit in New York.

Q: What is the Special Additional Mortgage Recording Tax Credit?
A: The Special Additional Mortgage Recording Tax Credit is a credit provided to eligible individuals who paid mortgage recording tax on their primary residence in New York.

Q: Who can claim the Special Additional Mortgage Recording Tax Credit?
A: Individuals who paid mortgage recording tax on their primary residence in New York may be eligible to claim this credit.

Q: How do I fill out Form IT-256?
A: You need to provide your personal information, details about your primary residence, information on mortgage recording tax paid, and calculate the credit.

Q: Is there a deadline for filing Form IT-256?
A: Yes, Form IT-256 must be filed within three years from the due date of the original tax return or within two years from the date the tax was paid, whichever is later.