PDF
Word
This version of the form is not currently in use and is provided for reference only. Download this version of
Form IT-650
for the current year.
Form IT-650 Empire State Apprenticeship Tax Credit - New York
What Is Form IT-650?
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-650?
A: Form IT-650 is the Empire StateApprenticeship Tax Credit form in New York.
Q: What is the Empire State Apprenticeship Tax Credit?
A: The Empire State Apprenticeship Tax Credit is a credit available to employers in New York who hire and train eligible apprentices.
Q: Who is eligible for the apprenticeship tax credit?
A: Employers who participate in a certified apprenticeship program in New York are eligible for the tax credit.
Q: How much is the tax credit?
A: The tax credit is $2,000 per eligible apprentice per year for the first two years, and $1,000 per eligible apprentice per year for the third and fourth years.
Q: How long can the tax credit be claimed for?
A: The tax credit can be claimed for up to four years for each eligible apprentice.
Q: How can I claim the tax credit?
A: To claim the tax credit, employers must complete Form IT-650 and submit it with their annual tax return.
Q: When is the deadline to file Form IT-650?
A: The deadline to file Form IT-650 is the same as the deadline for filing your annual tax return.
Q: Are there any other requirements to qualify for the tax credit?
A: Yes, employers must meet certain requirements, such as having a valid apprenticeship agreement and being in compliance with state labor laws and regulations.
Q: Is this tax credit available in other states?
A: No, the Empire State Apprenticeship Tax Credit is only available to employers in New York.
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-650 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-650 Empire State Apprenticeship Tax Credit - New York
1
2
3
