New York Claim for Solar Energy System Equipment Credit.
Extracted from PDF file 2023-new-york-form-it-255.pdf, last modified November 2006Claim for Solar Energy System Equipment Credit.
IT-255 Department of Taxation and Finance Claim for Solar Energy System Equipment Credit Tax Law – Section 606(g-1) Submit this form with Form IT-201 or Form IT-203. Name(s) as shown on return Your Social Security number Schedule A – Computation of solar energy system equipment credit Complete the information in the applicable chart with respect to your solar energy system equipment. Purchase A B C Date equipment placed in service (mmddyyyy) Qualified expenditures Column B x 25% (0.25) not to exceed $5000 (see instructions) .00 Power purchase agreement B C D Date equipment placed in service (mmddyyyy) Qualified expenditures Column B x 25% (0.25) not to exceed $5000 (see instructions) (see instructions) .00 Lease .00 A .00 A B C Date equipment placed in service (mmddyyyy) Qualified expenditures Column B x 25% (0.25) not to exceed $5000 (see instructions) .00 Limitation D E Amount from column B paid in 2023 (see instructions) .00 .00 .00 Limitation .00 1 Current year credit (see instructions)....................................................................................................... 1 .00 2 Enter the carryover credit from last year’s Form IT-255, line 10........................................................... 2 .00 3 Solar energy system equipment credit (add lines 1 and 2)...................................................................... 3 .00 4 Tax due before credits (see instructions) ................................................................................................. 4 .00 5 Other credits that you applied before this credit (see instructions) ......................................................... 5 .00 6 Subtract line 5 from line 4 .................................................................................................................... 6 .00 7 Enter the lesser of line 3 (or your portion of line 3) or line 6 (see instructions) ....................................... 7 .00 8 Subtract line 7 from line 3 (or your portion of line 3; see instructions) ......................................................... 8 .00 9 Amount, if any, included on line 8 that expired this tax year (see instructions) ....................................... 9 .00 10 Amount of credit available for carryover to next year (subtract line 9 from line 8) .................................... 10 .00 Schedule B – Application of credit and computation of carryover 255001230094
Form IT-255 Claim for Solar Energy System Equipment Credit Tax Year 2023
More about the New York Form IT-255 Individual Income Tax Tax Credit TY 2023
This form is for New York state taxpayers who qualify for the Solar Energy System credit.
We last updated the Claim for Solar Energy System Equipment Credit. in January 2024, so this is the latest version of Form IT-255, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form IT-255 directly from TaxFormFinder. You can print other New York tax forms here.
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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-203 | Nonresident Income Tax Return |
Form IT-201-D | Resident Itemized Deduction Schedule (DISCONTINUED) |
Form IT-201-I | Individual Income Tax Return Instructions |
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-255 from the Department of Taxation and Finance in January 2024.
Form IT-255 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-255
We have a total of twelve past-year versions of Form IT-255 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Form IT-255 Claim for Solar Energy System Equipment Credit Tax Year 2023
Form IT-255 Claim for Solar Energy System Equipment Credit Tax Year 2022
Form IT-255 Claim for Solar Energy System Equipment Credit Tax Year 2021
Form IT-255 Claim for Solar Energy System Equipment Credit Tax Year 2020
Form IT-255:2019:Claim for Solar Energy System Equipment Credit:it255
Form IT-255:2018:Claim for Solar Energy System Equipment Credit:it255
Form IT-255:2017:Claim for Solar Energy System Equipment Credit:it255
Form IT-255:2016:Claim for Solar Energy System Equipment Credit:it255
Form IT-255:2015:Claim for Solar Energy System Equipment Credit:it255
Form IT-255:2014:Claim for Solar Energy System Equipment Credit:it255
Form IT-255:2013:Claim for Solar Energy System Equipment Credit:it255
Form IT-255:2012:Claim for Solar Energy System Equipment Credit:it255
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