Ordering of personal income tax credits
When claiming personal income tax credits, apply them in the following order:
- New York State and New York City household credit
- Credits that cannot be carried over or refunded
- Credits that can be carried over for a limited duration
- Credits that can be carried over for an unlimited duration
- Refundable credits
Credits that cannot be carried over or refunded
- IT-112.1 New York State Resident Credit Against Separate Tax on Lump-Sum Distributions
- IT-112-C New York State Resident Credit for Taxes Paid to a Province of Canada
- IT 112-R New York State Resident Credit
- IT-215 Earned income credit (nonresidents)
- IT-216 Child and dependent care credit (nonresidents)
- IT-219 New York City unincorporated business tax
- IT-228 Contributions to certain funds credit
- IT-250 Credit for purchase of an automated external defibrillator
- IT-604 QEZE tax reduction credit
- New York State and New York City accumulation distribution credit (on IT-201-ATT)
Credits that can be carried over for a limited duration
- IT-212 Investment credit
- IT-212-ATT Historic barn rehabilitation credit and Employment incentive credit
- IT-252 Investment tax credit for the financial services industry
- IT-252 Employment incentive credit for the financial services industry
- IT-255 Solar energy system equipment credit
- IT-267 Geothermal energy systems credit
- IT-643 Hire a veteran credit
- IT-644 Workers with disabilities tax credit
Credits that can be carried over for an unlimited duration
- DTF-622 QETC capital tax credit
- DTF-624 Low-income housing credit
- DTF-630 Claim for green building credit
- IT-226 Employer compensation expense program wage credit
- IT-236 Credit for taxicabs and livery service vehicles accessible to persons with disabilities
- IT-237 Claim of historic homeownership rehabilitation credit (greater than $60,000 in NYAGI)
- IT-238 Rehabilitation of historic properties credit
- IT-239 Credit for taxicabs and livery service vehicles accessible to persons with disabilities
- IT-249 Long-term care insurance credit
- IT-251 Employment of persons with disabilities
- IT-253 Alternative fuels credit
- IT-256 Special additional mortgage recording tax credit (prior year's credit amount)
- IT-501 Temporary deferral nonrefundable payout credit
- IT-601 EZ wage tax credit
- IT-601 ZEA wage tax credit
- IT-602 EZ capital tax credit
- IT-603 EZ investment tax credit
- IT-603 EZ employment incentive credit
- IT-605 EZ investment tax credit for the financial services industry
- IT-605 EZ employment incentive credit for the financial services industry
- IT-637 Alternative fuels and electric vehicle recharging property credit
- Residential fuel oil storage tank credit carryover (on IT-201-ATT)
- Solar and wind energy credit carryover (on IT-201-ATT)
Refundable credits
- DTF-621 QETC employment credit
- IT-209 Noncustodial parent New York State earned income credit
- IT-212 Investment tax credit (eligible farmers and new businesses only)
- IT-212-ATT Historic barn rehabilitation credit and Employment incentive credit (new businesses only)
- IT-213 Empire State child credit
- IT-214 Real property tax credit
- IT-215 Earned income credit (full-year residents/part-year residents - partially refundable)
- IT-216 Child and dependent care credit (full-year residents/part-year residents - partially refundable)
- IT-217 Farmers’ school tax credit
- IT-229 Real property tax relief credit
- IT-237 Historic homeownership rehabilitation credit (less than $60,000 in NYAGI)
- IT-238 Rehabilitation of historic properties credit
- IT-241 Clean heating fuel credit
- IT-242 Conservation easement tax credit
- IT-245 Volunteer firefighters’ and ambulance workers’ credit
- IT-246 Empire State commercial production credit (50% excess refundable/ remainder carryover and refundable year two)
- IT-248 Empire State film production credit
- IT-256 Special additional mortgage recording tax credit (current year's credit amount)
- IT-257 Claim of right credit
- IT-258 Nursing home assessment credit
- IT-261 Empire State film post-production credit (50% excess refundable/ remainder carryover and refundable year two)
- IT-272 College tuition credit
- IT-606 QEZE credit for real property taxes
- IT-607 Excelsior jobs program tax credit
- IT-611, IT-611.1, IT-611.2 Brownfield redevelopment tax credit
- IT-612 Remediated brownfield credit for real property taxes
- IT-613 Environmental remediation insurance credit
- IT-631 Security officer training tax credit
- IT-633 Economic transformation and facility redevelopment program tax credit
- IT-634 Empire State jobs retention program credit
- IT-635 New York youth jobs program tax credit
- IT-636 Alcoholic beverage production credit
- IT-638 START-UP NY tax elimination credit
- IT-640 START-UP NY telecommunication services excise tax credit
- IT-641 Manufacturer’s real property tax credit
- IT-642 Empire State musical and theatrical production credit
- IT-646 Employee training incentive program tax credit
- IT-647 Farm workforce retention credit
- IT-648 Life sciences research and development tax credit
- IT-649 Farm donations to food pantries credit
- IT-650 Empire State apprenticeship tax credit
- IT-651 Recovery tax credit
- IT-652 Employer-provided childcare credit
- IT-653 Pass through entity tax credit
- IT-654 New York City musical and theatrical production tax credit
- IT-656 Grade number 6 heating oil conversion credit
- IT-657 COVID-19 capital costs credit
- IT-660 Empire State digital gaming media production credit
- IT-661 Farm employer overtime credit
- IT-662 Child care creation and expansion credit
- New York City school tax credit (on IT-201)
Updated:
