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New York Free Printable Form IT-251 Credit for Employment of Persons with Disabilities Tax Year 2023 for 2024 New York Credit for Employment of Persons with Disabilities

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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
Extracted from PDF file 2023-new-york-form-it-251.pdf, last modified August 2006

More about the New York Form IT-251 Individual Income Tax Tax Credit TY 2023

We last updated the Credit for Employment of Persons with Disabilities in January 2024, so this is the latest version of Form IT-251, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form IT-251 directly from TaxFormFinder. You can print other New York tax forms here.

Other New York Individual 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 IT-201 Individual Income Tax Return
IT-201-V Payment Voucher for Income Tax Returns
Form IT-201-D Resident Itemized Deduction Schedule (DISCONTINUED)
Form IT-203 Nonresident Income Tax Return
Form IT-201-I Individual Income Tax Return Instructions

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 IT-251 from the Department of Taxation and Finance in January 2024.

Show Sources >

Form IT-251 is a New York Individual 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 Individual Income Tax

The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.

Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!

Historical Past-Year Versions of New York Form IT-251

We have a total of twelve past-year versions of Form IT-251 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2023 Form IT-251

Form IT-251 Credit for Employment of Persons with Disabilities Tax Year 2023

2022 Form IT-251

Form IT-251 Credit for Employment of Persons with Disabilities Tax Year 2022

2021 Form IT-251

Form IT-251 Credit for Employment of Persons with Disabilities Tax Year 2021

2020 Form IT-251

Form IT-251:2020:Credit for Employment of Persons with Disabilities:it251

2019 Form IT-251

Form IT-251:2019:Credit for Employment of Persons with Disabilities:it251

2018 Form IT-251

Form IT-251:2018:Credit for Employment of Persons with Disabilities:it251

2017 Form IT-251

Form IT-251:2017:Credit for Employment of Persons with Disabilities:IT251

2016 Form IT-251

Form IT-251:2016:Credit for Employment of Persons with Disabilities:IT251

2015 Form IT-251

Form IT-251:2015:Credit for Employment of Persons with Disabilities:IT251

Credit for Employment of Persons with Disabilities 2014 Form IT-251

Form IT-251:2014:Credit for Employment of Persons with Disabilities:IT251

Credit for Employment of Persons with Disabilities 2013 Form IT-251

Form IT-251:2013:Credit for Employment of Persons with Disabilities:IT251

2012 Form IT-251

Form IT-251:2012:Credit for Employment of Persons with Disabilities:IT251


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