New York Empire State Jobs Retention Program Credit

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Empire State Jobs Retention Program Credit
Form CT-634 Empire State Jobs Retention Program Credit Tax Year 2024CT-634

Department of Taxation and Finance

Empire State Jobs Retention
Program Credit
Tax Law – Sections 36, 210-B.37, and 1511(bb)

All filers must enter tax period:
beginning
Legal name of corporation

ending
Employer identification number (EIN)

File this form with Form CT-3, CT-3-A, CT-3-S, CT-33, CT-33-A, or CT-33-NL. You must also attach a copy of the certificates of tax credit
issued by Empire State Development (ESD).

A Year of eligibility (enter a number from 1 to 10; see instructions). .......................................................................................

B Mark an X in the box if you are claiming this credit as a corporate partner (see instructions).............................................

C Certificate Number . ...............................................................................................................

Schedule A – Computation of credit

1 Empire State jobs retention program credit (see instructions)...............................................................
2 Empire State jobs retention program credit from partnerships (enter the amount from line 15)...............
3 Total Empire State jobs retention program credit (add lines 1 and 2; New York S corporations,
see instructions)..................................................................................................................................
4 Recapture of credit taken in previous tax years (see instructions).........................................................
5 Net Empire State jobs retention program credit (see instructions).........................................................

1
2
3
4
5

Schedule B – Computation of Empire State jobs retention program credit used, refunded, or credited as an
overpayment to the next year (New York S corporations do not complete this section)

6 Tax due before credits (see instructions). ................................................................................................
7 Tax credits claimed before the Empire State jobs retention program credit (see instructions). .............
8 Subtract line 7 from line 6......................................................................................................................
9 Minimum tax (see instructions). ...............................................................................................................
10 Credit limitation (subtract line 9 from line 8; if zero or less, enter 0)............................................................
11 Empire State jobs retention program credit to be used this tax year (see instructions).........................
12 Unused Empire State jobs retention program credit available for refund or as an overpayment
(subtract line 11 from line 5).................................................................................................................
13 Empire State jobs retention program credit to be refunded (limited to the amount on line 12; see instructions)
14 Empire State jobs retention program credit to be applied as an overpayment to next year’s tax
(subtract line 13 from line 12; see instructions).......................................................................................

Partnership information (see instructions)

Name of partnership

6
7
8
9
10
11

12
13
14

Partnership’s EIN

Total from any additional Forms CT-634...........................................................................................................
15 Total credit amount from partnerships (enter here and on line 2; see instructions)...................................... 15

634001240094

Amount of credit

Extracted from PDF file 2024-new-york-form-ct-634.pdf, last modified October 2024

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More about the New York Form CT-634 Corporate Income Tax Tax Credit TY 2024

We last updated the Empire State Jobs Retention Program Credit in January 2025, so this is the latest version of Form CT-634, fully updated for tax year 2024. You can download or print current or past-year PDFs of Form CT-634 directly from TaxFormFinder. You can print other New York tax forms here.

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Other New York Corporate Income Tax Forms:

TaxFormFinder has an additional 271 New York income tax forms that you may need, plus all federal income tax forms.

Form Code	Form Name
Form CT-3M/4M	General Business Corporation MTA Surcharge Return (Obsolete)
Form CT-6	Election by a Federal S Corporation to be Treated As a New York S Corporation
Form NYS-45-ATT	Quarterly Combined Withholding, Wage Reporting, and Unemployment Insurance Return - Attachment
Form IT-205-V	Instructions and Payment Voucher for Fiduciary Income Tax Returns Voucher
Form CT-247	Application for Exemption from Corporation Franchise Taxes By a Not-for-Profit Organization

Download all NY tax forms View all 272 New York Income Tax Forms

Form Sources:

New York usually releases forms for the current tax year between January and April. We last updated New York Form CT-634 from the Department of Taxation and Finance in January 2025.

Show Sources >

Form CT-634 is a New York Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of New York Form CT-634

We have a total of thirteen past-year versions of Form CT-634 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2024 Form CT-634

Form CT-634 Empire State Jobs Retention Program Credit Tax Year 2024

2023 Form CT-634

Form CT-634 Empire State Jobs Retention Program Credit Tax Year 2023

2022 Form CT-634

Form CT-634 Empire State Jobs Retention Program Credit Tax Year 2022

2021 Form CT-634

Form CT-634 Empire State Jobs Retention Program Credit Tax Year 2021

2020 Form CT-634

Form CT-634 Empire State Jobs Retention Program Credit Tax Year 2020

2019 Form CT-634

Form CT-634:2019:Empire State Jobs Retention Program Credit:ct634

2018 Form CT-634

Form CT-634:2018:Empire State Jobs Retention Program Credit:ct634

2017 Form CT-634

Form CT-634:2017:Empire State Jobs Retention Program Credit:ct634

2016 Form CT-634

Form CT-634:2016:Empire State Jobs Retention Program Credit:ct634

2015 Form CT-634

Form CT-634:2015:Empire State Jobs Retention Program Credit:ct634

2014 Form CT-634

Form CT-634:2014:Empire State Jobs Retention Program Credit:ct634i

2013 Form CT-634

Form CT-634:2013:Empire State Jobs Retention Program Credit:ct634i

2012 Form CT-634

Form CT-634:2012:Empire State Jobs Retention Program Credit:ct634i

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