Instructions for Form CT-248 Claim for Empire State Film Production Credit - New York

Form CT-248 Claim for Empire State Film Production Credit - New York

This document contains official instructions for Form CT-248 , Claim for Empire State Film Production Credit - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form CT-248 is available for download through this link.

FAQ

Q: What is Form CT-248?
A: Form CT-248 is a tax form used to claim the Empire State Film Production Credit in New York.

Q: Who can use Form CT-248?
A: Film production companies that are eligible for the Empire State Film Production Credit in New York can use Form CT-248.

Q: What is the Empire State Film Production Credit?
A: The Empire State Film Production Credit is a tax credit in New York for eligible film production companies.

Q: What is the purpose of Form CT-248?
A: The purpose of Form CT-248 is to provide the necessary information to claim the Empire State Film Production Credit.

Q: What information do I need to provide on Form CT-248?
A: You need to provide information about your film production company, the eligible production costs, and other required details.

Q: When is the deadline to file Form CT-248?
A: The deadline to file Form CT-248 is usually on or before the due date of the company's New York State tax return.

Q: Are there any supporting documents required when filing Form CT-248?
A: Yes, you must attach supporting documents such as the certificate of eligibility from the New York State Governor's Office of Motion Picture and Television Development.

Q: What happens after I file Form CT-248?
A: After you file Form CT-248, it will be reviewed by the New York State Department of Taxation and Finance, and they will inform you of the credit amount allowed or any additional information needed.