Form IT-256 Claim for Special Additional Mortgage Recording Tax Credit - New York

Notification Icon This version of the form is not currently in use and is provided for reference only. Download this version of Form IT-256 for the current year.

Form IT-256 Claim for Special Additional Mortgage Recording Tax Credit - New York

What Is Form IT-256?

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-256?A: Form IT-256 is a tax form used in New York to claim the Special Additional Mortgage Recording Tax Credit.

Q: What is the Special Additional Mortgage Recording Tax Credit?A: The Special Additional Mortgage Recording Tax Credit is a credit available to certain homebuyers in New York who paid a special additional mortgage recording tax.

Q: Who is eligible to claim the Special Additional Mortgage Recording Tax Credit?A: Homebuyers who meet certain criteria, including income and purchase price limits, may be eligible to claim the credit.

Q: How do I claim the Special Additional Mortgage Recording Tax Credit?A: To claim the credit, you need to complete and file Form IT-256 with your New York state tax return.

Q: Are there any deadlines for filing Form IT-256?A: The deadline for filing Form IT-256 is the same as the deadline for filing your New York state tax return, generally April 15th.

Q: Is the Special Additional Mortgage Recording Tax Credit refundable?A: No, the credit is non-refundable, meaning it can reduce your tax liability, but you will not receive a refund for any unused portion.

ADVERTISEMENT

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-256 by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.

Download Form IT-256 Claim for Special Additional Mortgage Recording Tax Credit - New York

4.7 of 5 (20 votes)
  • Form IT-256 Claim for Special Additional Mortgage Recording Tax Credit - New York

    1

  • Form IT-256 Claim for Special Additional Mortgage Recording Tax Credit - New York, Page 2

    2

  • Form IT-256 Claim for Special Additional Mortgage Recording Tax Credit - New York, Page 1
  • Form IT-256 Claim for Special Additional Mortgage Recording Tax Credit - New York, Page 2
Prev 1 2 Next
ADVERTISEMENT