This version of the form is not currently in use and is provided for reference only. Download this version of Form IT-646 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-646?
A: Form IT-646 is the official tax form used in New York for the Employee Training Incentive Program Tax Credit.
Q: What is the Employee Training Incentive Program Tax Credit?
A: The Employee Training Incentive Program Tax Credit is a program in New York that provides tax credits to employers who incur expenses for employee training.
Q: How can I qualify for the Employee Training Incentive Program Tax Credit?
A: To qualify for the tax credit, employers must meet certain criteria and submit Form IT-646 to the New York State Department of Taxation and Finance.
Q: What expenses are eligible for the tax credit?
A: Expenses related to employee training, such as tuition fees, training materials, and instructor fees, may be eligible for the tax credit.
Q: How much is the tax credit?
A: The amount of the tax credit may vary and is based on a percentage of the eligible expenses incurred by the employer.
Q: Can the tax credit be carried forward or back?
A: Yes, any excess tax credit can be carried forward for up to 15 years or carried back for up to 3 years.
Q: When is the deadline to file Form IT-646?
A: The deadline for filing Form IT-646 is generally April 15th of the year following the tax year in which the eligible expenses were incurred.
Form Details:
Download a fillable version of Form IT-646 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.