Form CT-250 Credit for Purchase of an Automated External Defibrillator - New York

What Is Form CT-250?

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. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form CT-250?A: Form CT-250 is the Credit for Purchase of an Automated External Defibrillator in New York.

Q: What is the purpose of Form CT-250?A: The purpose of Form CT-250 is to claim a tax credit for the purchase of an Automated External Defibrillator (AED) in New York.

Q: Who can use this form?A: This form can be used by individuals, corporations, partnerships, and other entities that have purchased an AED in New York.

Q: What is an Automated External Defibrillator (AED)?A: An AED is a portable device that can automatically diagnose and treat life-threatening cardiac arrhythmias through the application of electrical therapy.

Q: How much is the tax credit?A: The tax credit is equal to 50% of the cost of the AED, up to a maximum credit of $500.

Q: What documentation is required?A: You must attach the original invoice or receipt for the purchase of the AED as supporting documentation.

Q: Is there a deadline for filing Form CT-250?A: Yes, Form CT-250 must be filed within 12 months of the purchase of the AED.