Instructions for Form IT-611 Claim for Brownfield Redevelopment Tax Credit for Qualified Sites Accepted Into the Brownfield Cleanup Program Prior to June 23, 2008 - New York

Form IT-611 Claim for Brownfield Redevelopment Tax Credit - for Qualified Sites Accepted Into the Brownfield Cleanup Program Prior to June 23, 2008 - New York

This document contains official instructions for Form IT-611 , Claim for Brownfield Cleanup Program Prior to June 23, 2008 - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form IT-611 is available for download through this link.

FAQ

Q: What is Form IT-611?A: Form IT-611 is a form used to claim the Brownfield Redevelopment Tax Credit for qualified sites accepted into the Brownfield Cleanup Program before June 23, 2008 in New York.

Q: What is the Brownfield Redevelopment Tax Credit?A: The Brownfield Redevelopment Tax Credit is a tax credit given to individuals or entities who clean up and redevelop contaminated sites in New York.

Q: What is the Brownfield Cleanup Program?A: The Brownfield Cleanup Program is a program in New York that encourages the cleanup and redevelopment of contaminated sites.

Q: What is the deadline for filing Form IT-611?A: There is no specific deadline mentioned for filing Form IT-611. It is advisable to file it as soon as possible after completing the cleanup and redevelopment of the qualified site.

Q: Who is eligible to claim the Brownfield Redevelopment Tax Credit?A: Individuals or entities who participate in the Brownfield Cleanup Program and have satisfied the eligibility requirements are eligible to claim the Brownfield Redevelopment Tax Credit.

Q: How do I complete Form IT-611?A: The instructions for completing Form IT-611 are provided along with the form. Follow the instructions carefully and provide all the required information.

Q: What documentation do I need to submit with Form IT-611?A: You may need to submit documentation such as a copy of the site acceptance letter, a copy of the brownfield site application, and any other supporting documents as required by the form instructions.

Q: Can I claim the Brownfield Redevelopment Tax Credit for multiple sites?A: Yes, you can claim the Brownfield Redevelopment Tax Credit for multiple qualified sites accepted into the Brownfield Cleanup Program before June 23, 2008 in New York.