Instructions for Form CT-46 Claim for Investment Tax Credit (Includes Employment Incentive Credit) - New York

Form CT-46 Claim for Investment Tax Credit (Includes Employment Incentive Credit) - New York

This document contains official instructions for Form CT-46 , Claim for Employment Incentive Credit) - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form CT-46 is available for download through this link.

FAQ

Q: What is Form CT-46?
A: Form CT-46 is a document used to claim the Investment Tax Credit in New York.

Q: What does the Investment Tax Credit include?
A: The Investment Tax Credit includes the Employment Incentive Credit.

Q: Who can use Form CT-46?
A: The Form CT-46 can be used by individuals or businesses who want to claim the Investment Tax Credit in New York.

Q: What is the purpose of the Investment Tax Credit?
A: The purpose of the Investment Tax Credit is to encourage investment and job creation in New York.

Q: How do I fill out Form CT-46?
A: You should follow the instructions provided with the form to accurately fill out the required information.

Q: Are there any deadlines for filing Form CT-46?
A: Yes, you must file Form CT-46 within three years from the due date (or extended due date) of the tax return for the taxable year in which the credit is applicable.

Q: Are there any fees associated with filing Form CT-46?
A: There are no fees associated with filing Form CT-46.

Q: Can I claim the Employment Incentive Credit if I am an individual taxpayer?
A: No, the Employment Incentive Credit is only available to businesses.

Q: Is there any additional documentation required to submit with Form CT-46?
A: You may need to include supporting documentation, such as federal forms and schedules, with your Form CT-46.