PDF
Word
This version of the form is not currently in use and is provided for reference only. Download this version of
Form IT-611
for the current year.
Form IT-611 Claim for Brownfield Redevelopment Tax Credit for Qualified Sites Accepted Into the Brownfield Cleanup Program Prior to June 23, 2008 - New York
What Is Form IT-611?
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.
FAQ
Q: What is Form IT-611?
A: Form IT-611 is a tax form used in New York to claim the Brownfield RedevelopmentTax Credit for qualified sites that were accepted into the Brownfield Cleanup Program before June 23, 2008.
Q: What is the Brownfield Redevelopment Tax Credit?
A: The Brownfield Redevelopment Tax Credit is a tax credit available in New York for the cleanup and redevelopment of contaminated properties, known as brownfields.
Q: What is the Brownfield Cleanup Program?
A: The Brownfield Cleanup Program is a program in New York that provides incentives for the cleanup and redevelopment of contaminated properties to promote their reuse.
Q: Who can claim the Brownfield Redevelopment Tax Credit?
A: Property owners, developers, and other eligible entities who have qualified sites accepted into the Brownfield Cleanup Program before June 23, 2008 may be eligible to claim the tax credit.
Q: What is the purpose of Form IT-611?
A: Form IT-611 is used to calculate and claim the Brownfield Redevelopment Tax Credit for qualified sites accepted into the Brownfield Cleanup Program prior to June 23, 2008.
Q: Is there a deadline for filing Form IT-611?
A: Yes, the deadline for filing Form IT-611 is typically the same as the deadline for filing your annual income tax return in New York, which is usually April 15th.
Q: Can the Brownfield Redevelopment Tax Credit be carried forward?
A: Yes, unused portions of the Brownfield Redevelopment Tax Credit can be carried forward for up to 15 years.
Q: What documentation is required to claim the Brownfield Redevelopment Tax Credit?
A: To claim the tax credit, you will generally need to provide documentation to support your expenses and the eligibility of the site, such as environmental reports, invoices, and agreements.
Q: How much can I receive as a Brownfield Redevelopment Tax Credit?
A: The amount of the tax credit can vary depending on factors such as the cost of the cleanup and redevelopment, the extent of contamination, and the type of eligible expenses incurred.
Form Details:
- The latest edition provided by the New York State Department of Taxation and Finance;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form IT-611 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.
Download Form IT-611 Claim for Brownfield Redevelopment Tax Credit for Qualified Sites Accepted Into the Brownfield Cleanup Program Prior to June 23, 2008 - New York
1
2
3
4
