New York Credit for Employment of Persons with Disabilities

Credit for Employment of Persons with Disabilities
Form IT-251 Credit for Employment of Persons with Disabilities Tax Year 2023
Department of Taxation and Finance

Credit for Employment of Persons with Disabilities
Tax Law – Section 606(o)
Name(s) as shown on return	

IT-251

Identifying number as shown on return

Complete this form if you are claiming a credit for employment of persons with disabilities, and submit it with
Form IT‑201, IT‑203, IT‑204, or IT‑205.

Schedule A – Individual (sole proprietor), partnership, and estate or trust (see instructions)
A	 Enter the total number of qualified full-time employees listed in Part 1 that were paid qualified first-year wages and
	  were used for this credit computation. .........................................................................................................................
B	 Enter the total number of qualified full-time employees listed in Part 2 that were paid qualified second-year wages
	  and were used for this credit computation. ..................................................................................................................

Part 1 – Computation of credit on qualified first‑year wages
		

(Do not include employees shown in Part 2. Use additional forms if necessary.)

	A	

B	

C	

D

	
Name of qualified employee	
Social Security	
One‑year period for 	
Wages paid during tax
		
number of	
qualified first‑year wages	
year for services rendered
		
qualified employee	
(enter beginning and end dates)	
during one‑year period
				
shown in column C
				
($6,000 limit)

		

.00

		

.00

		

.00

		
	 	 Wages paid during tax year for services rendered during one‑year period (add column D amounts;
1
		  include column D totals from all additional forms).............................................................................................. 	
	2	 Tax credit percentage (35%)..................................................................................................................... 	
	3	 Tax credit on qualified first‑year wages (multiply line 1 by line 2)................................................................. 	

.00

Part 2 – Computation of credit on qualified second‑year wages
		

.00
.35
.00	

1	
2	
3	

(Do not include employees shown in Part 1. Use additional forms if necessary.)

	A	

B	

C	

D

	
Name of qualified employee	
Social Security	
One‑year period for 	
Wages paid during tax year
		
number of	
qualified second‑year wages	 for services rendered during
		
qualified employee	
(enter beginning and end dates)	 one‑year period shown in
				
column C ($6,000 limit)

		

.00

		

.00

		

.00

		

.00

		

.00

	4	 Wages paid during tax year for services rendered during one‑year period (add column D amounts;
		  include column D totals from all additional forms).............................................................................................. 	
	5	 Tax credit percentage (35%)..................................................................................................................... 	
	6	 Tax credit on qualified second‑year wages (multiply line 4 by line 5)........................................................... 	
7	 Total tax credit (add lines 3 and 6)............................................................................................................... 	
Individual and partnership: Enter the line 7 amount on Schedule E, line 12.
Fiduciary: Include the line 7 amount in the Total line of Schedule D, column C.
251001230094

4	
5	
6	
7	

.00
.35		
.00
.00

IT-251 (2023) (back)

Schedule B – Partnership, S corporation, and estate or trust information (see instructions)
If you were a partner in a partnership, a shareholder of a New York S corporation, or a beneficiary of an estate or trust and received a
share of the credit for employment of persons with disabilities from that entity, complete the following information for each partnership,
S corporation, or estate or trust. For Type, enter P for partnership, S for S corporation, or ET for estate or trust.
	

Name of partnership, S corporation, or estate or trust	

Type	

Employer ID number

Schedule C – Partner’s, shareholder’s, or beneficiary’s share of credit (see instructions)
Partner	

S corporation shareholder	
Beneficiary	
	

8	
9	
10	
11	

Enter your share of the credit from your partnership......................... .	 8		
Enter your share of the credit from your NY S corporation............... .	 9		
Enter your share of the credit from the estate or trust....................... .	 10		
Total (add lines 8, 9, and 10)................................................................ . 	 11		

.00
.00
.00
.00

Fiduciary: Include the line 11 amount in the Total line of Schedule D, column C.
All others: Enter the line 11 amount on Schedule E, line 13.

Schedule D – Beneficiary’s and fiduciary’s share of credit
A	

	

B	C

	
Beneficiary’s name - same as on Form IT‑205, Schedule C 	
Identifying number	
			
Total (fiduciary, enter the amount from Schedule A,
		line 7, plus the amount from Schedule C, line 11)

Share of credit for employment		
of persons with disabilities

.00

		

.00

		

.00

		Fiduciary

.00

Schedule E – Computation of credit (fiduciaries, do not make entries on lines 12 and 13)
Individual and partnership	
Partner, S corporation
shareholder, beneficiary	
Fiduciary	
	
	

12	 Enter the amount from Schedule A, line 7.......................................... 	 12		

.00

13	
14	
15	
16	

13		
14		
15		
16		

.00
.00
.00
.00

17	
18	
19	
20	
21 	

.00
.00
.00
.00
.00

Enter the amount from Schedule C, line 11........................................ 	
Enter the amount from Schedule D, Fiduciary line, column C........... 	
Enter the carryover credit from last year’s Form IT-251 .................... 	
Total credit (add lines 12 through 15).................................................... 	

Partnership: Enter the line 16 amount and code 251 on Form IT-204, line 147.
All others: Complete Schedule F.

Schedule F – Application of credit and computation of carryover
17	
18	
19	
20	
21	

Tax due before credits (see instructions).................................................................................................. 	
Credits applied against the tax before this credit (see instructions) ........................................................... 	
Net tax (subtract line 18 from line 17)......................................................................................................... 	
Amount of credit used this year (enter the lesser of line 16 or line 19; see instructions)................................. 	
Amount of credit available for carryover to next year (subtract line 20 from line 16).................................. 	

251002230094