This version of the form is not currently in use and is provided for reference only. Download this version of Form IT-655 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-655?
A: Form IT-655 is the Restaurant Return-To-Work Credit form in New York.
Q: What is the purpose of Form IT-655?
A: Form IT-655 is used to claim the Restaurant Return-To-Work Credit in New York.
Q: Who should file Form IT-655?
A: Restaurants in New York that meet the eligibility criteria should file Form IT-655.
Q: What is the eligibility criteria for the Restaurant Return-To-Work Credit?
A: To be eligible, the restaurant must have experienced a reduction in employment and generate annual receipts of $1,000,000 or less.
Q: How much is the Restaurant Return-To-Work Credit?
A: The credit is equal to 10% of the return-to-work training costs incurred by the restaurant.
Q: Are there any deadlines for filing Form IT-655?
A: Yes, the deadline to file Form IT-655 is July 1, 2023.
Q: Can I claim the credit if I am a restaurant outside of New York?
A: No, the Restaurant Return-To-Work Credit is specific to restaurants in New York only.
Form Details:
Download a fillable version of Form IT-655 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.