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This version of the form is not currently in use and is provided for reference only. Download this version of
Form IT-603
for the current year.
Form IT-603 Claim for Ez Investment Tax Credit and Ez Employment Incentive Credit - New York
What Is Form IT-603?
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-603?
A: Form IT-603 is a tax form used for claiming the EZ Investment Tax Credit and EZ Employment Incentive Credit in New York.
Q: What are the EZ Investment Tax Credit and EZ Employment Incentive Credit?
A: The EZ Investment Tax Credit is a tax credit available for qualified investments made in designated areas of New York. The EZ Employment Incentive Credit is a tax credit available for creating new jobs in these designated areas.
Q: Who is eligible to claim these credits?
A: Individuals and businesses that have made qualified investments or created new jobs in designated areas of New York may be eligible to claim these credits.
Q: How do I file Form IT-603?
A: Form IT-603 should be filed with your New York state income tax return.
Q: What documentation do I need to submit with Form IT-603?
A: You may need to submit documentation such as receipts, invoices, and employment records to support your claim for these credits.
Q: Is there a deadline for filing Form IT-603?
A: The deadline for filing Form IT-603 is the same as the deadline for your New York state income tax return, which is generally April 15th.
Q: Are there any restrictions or limitations on claiming these credits?
A: Yes, there are certain restrictions and limitations on claiming these credits. It is recommended to review the instructions for Form IT-603 or consult with a tax professional for more information.
Q: What other tax credits or incentives are available in New York?
A: New York offers various other tax credits and incentives, such as the Empire State FilmProduction Credit, Brownfield Cleanup Program Tax Credits, and Start-Up NY Program.
Q: Can I claim these credits if I do not live or have a business in a designated area?
A: No, these credits are specifically available for investments and job creation in designated areas of New York.
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-603 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.
