New York Claim for Security Officer Training Tax Credit

Claim for Security Officer Training Tax Credit
Form IT-631 Claim for Security Officer Training Tax Credit Tax Year 2023
	

Department of Taxation and Finance

	

Tax Law – Sections 26 and 606(ii)

	 Claim for Security Officer Training Tax Credit
File this form with your personal income tax return, Form IT-201, IT-203, IT-204, or IT-205.
	Name(s) as shown on return	
	

IT-631

Taxpayer identification number

Part 1 – Computation of credit
	 A	 Enter the calendar year shown on the certificate of tax credit from the New York State	
	 	   Division of Homeland Security and Emergency Services (DHSES)........................................................................... 	A.	
	 1	 Security officer training tax credit (submit a copy of the certificate of tax credit from the New York
		  State DHSES; see instructions) ......................................................................................................	
	 2	 Partner, shareholder, beneficiary share of credit (from Part 2, line 7)..............................................	
	 3	 Add lines 1 and 2 (fiduciaries: see instructions).................................................................................	
	 4	 Fiduciary: Enter the share of credit allocated to beneficiaries from Part 3, column C ..................	
	 5	 Total security officer training tax credit (subtract line 4 from line 3; see instructions) ...........................	

.00
.00
.00
.00
.00

1	 	
2	 	
3	 	
4	 	
5	 	

Part 2 – Partnership, New York S corporation, and estate and trust information (see instructions)

	For Type, enter P for partnership, S for S corporation, or ET for estate or trust (use additional Form(s) IT-631 if necessary).

	
A	
	
Name of entity	

B	C	
Type	
Employer identification number	

D
Share of credit	

.00
.00
.00
.00		
.00

	 6	 T
	 otal column D amounts from additional Form(s) IT-631, if any (see instructions).............................	 6	
	7	 	Total credit (add column D amounts, including any amount from line 6; enter here and on line 2 above) ...... 	 7	

Part 3 – Beneficiary’s and fiduciary’s share of security officer training tax credit (see instructions)
	A 	
	
Beneficiary’s name (same as on Form IT-205, Schedule C)	
  Total

B 	
Identifying number	

C
Share of credit

.00
.00
.00

 Fiduciary

631001230094

.00

IT-631 (2023) (back)

Instructions

General information
What is the security officer training tax credit?

Note: If more than one of the above applies to you, complete all
appropriate parts on one Form IT-631.

For tax years beginning on or after January 1, 2005, Tax Law
sections 26 and 606(ii) provide for a security officer training tax
credit for qualified building owners employing qualified security
officers. The security officer training tax credit is available to
taxpayers subject to tax under Article 22 (personal income tax);
Article 9 (corporation tax); Article 9-A (franchise tax on business
corporations); or Article 33 (franchise taxes on insurance
corporations). Taxpayers subject to tax under Article 22 should
complete Form IT-631. Taxpayers subject to tax under Article 9,
9-A, or 33 should complete Form CT-631, Claim for Security Officer
Training Tax Credit.

Part 1 – Computation of credit

The credit amount equals $3,000 multiplied by the sum of the
number of qualified security officers providing protection for a
building or buildings owned by a taxpayer. In the case of a qualified
security officer not employed for a full year, the amount of the
credit is prorated to reflect the length of employment. If the credit
exceeds the tax for that tax year, the excess credit is treated as an
overpayment to be credited or refunded without interest.

Line 5
Partnerships: Enter the line 5 amount and code 631 on
Form IT-204, line 147.

The amount of credit allowed for the current tax year is allocated by
the New York State Division of Homeland Security and Emergency
Services (DHSES). For rules and regulations regarding the credit,
access the New York State DHSES website at www.dhses.ny.gov.

Part 2 – Partnership, New York S corporation, and estate
and trust information

Do I qualify for this credit?

You may be eligible to claim the security officer training tax credit on
Form IT-631 if you have received a certificate of tax credit from the
New York State DHSES, are subject to tax under Article 22, and are
classified as one of the following taxpayers:
•	 individual (including sole proprietor),
•	 fiduciary of an estate or trust,
•	 partner in a partnership (including member of a limited liability
company (LLC) if the LLC is treated as a partnership for federal
tax purposes),
•	 shareholder of a New York S corporation, or
•	 beneficiary.

Specific instructions

See the instructions for your tax return for the Privacy notification or
if you need help contacting the Tax Department.
Individual (including sole proprietor) and partnership:
Complete Part 1, line A, and lines 1 through 5.
A married couple in a business enterprise that made an
IRC 761(f) election to file two federal Schedule C forms
instead of a partnership return: If you file jointly, compute your
credit amount as if you were filing one federal Schedule C for the
business. Complete Part 1, line A, and lines 1 through 5.
Partner in a partnership, shareholder of a New York
S corporation, and beneficiary of an estate or trust:
Complete Part 1, lines 2 through 5, and Part 2.
Fiduciary: Complete Part 1, line A, and lines 1 through 5, and
Part 3. If you are an estate or trust that divides the credit among
itself and its beneficiaries, submit all Forms IT-631 with Form IT-205,
Fiduciary Income Tax Return, showing each beneficiary’s share of
credit.

631002230094

Line 1 – Enter the amount shown on your certificate of tax credit
issued by the New York State DHSES. Complete a separate
Form IT‑631 for each certificate, and submit a copy of the certificate
with the form. Add the line 5 amounts from all Forms IT‑631, and
enter the total on your return as instructed at line 5.
Line 3
Fiduciaries: Enter the line 3 amount on the Total line of Part 3,
column C; then complete Part 3 before completing lines 4 and 5.

All others: Enter the amount from line 5 and code 631 on
Form IT-201-ATT, line 12, or Form IT-203-ATT, line 12, or include it
on Form IT-205, line 33.

Enter the appropriate information for each partnership,
S corporation, or estate or trust from which you received a share of
the security officer training tax credit.
Line 6 – If you need more space, enter your name and taxpayer
identification number, and complete only Part 2 on additional
Forms IT-631. Place the extra forms behind the first Form IT-631.
Include on line 6 of the first Form IT-631 the total of column D from
all additional Forms IT-631.

Part 3 – Beneficiary’s and fiduciary’s share of security
officer training tax credit

If an estate or trust allocates or assigns the credit to its beneficiaries,
base the division on each beneficiary’s proportionate share of the
income of the estate or trust.
Enter the line 3 amount on the Total line, column C. Provide your
beneficiaries with their proportionate amount of the credit.