Form IT-631 Claim for Security Officer Training Tax Credit - New York

What Is Form IT-631?

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-631?
A: Form IT-631 is the Claim for Security Officer Training Tax Credit in New York.

Q: What is the purpose of Form IT-631?
A: The purpose of Form IT-631 is to claim the security officer training tax credit in New York.

Q: Who can use Form IT-631?
A: Employers in New York who have incurred expenses for security officer training can use Form IT-631.

Q: What is the security officer training tax credit?
A: The security officer training tax credit is a tax incentive provided to employers in New York who have incurred expenses for security officer training.

Q: What expenses qualify for the security officer training tax credit?
A: Expenses for training conducted by certified security guard training schools or organizations authorized by New York State Division of Criminal Justice Services qualify for the tax credit.

Q: How much is the security officer training tax credit?
A: The tax credit is equal to 50% of eligible training expenses, up to a maximum credit of $350 per trainee.

Q: What is the deadline for filing Form IT-631?
A: Form IT-631 must be filed within three years from the end of the calendar year in which the eligible training expenses were incurred.