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New York Free Printable Form IT-631 Claim for Security Officer Training Tax Credit Tax Year 2023 for 2024 New York Claim for Security Officer Training Tax Credit

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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.
Extracted from PDF file 2023-new-york-form-it-631.pdf, last modified October 2006

More about the New York Form IT-631 Individual Income Tax Tax Credit TY 2023

This form is to be filled out by those who received security officer training recently.

We last updated the Claim for Security Officer Training Tax Credit in January 2024, so this is the latest version of Form IT-631, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form IT-631 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-631 from the Department of Taxation and Finance in January 2024.

Show Sources >

Form IT-631 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-631

We have a total of twelve past-year versions of Form IT-631 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2023 Form IT-631

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

2022 Form IT-631

Form IT-631 Claim for Security Officer Training Tax Credit Tax Year 2022

2021 Form IT-631

Form IT-631 Claim for Security Officer Training Tax Credit Tax Year 2021

2020 Form IT-631

Form IT-631 Claim for Security Officer Training Tax Credit Tax Year 2020

2019 Form IT-631

Form IT-631:2019:Claim for Security Officer Training Tax Credit:it631

2018 Form IT-631

Form IT-631:2018:Claim for Security Officer Training Tax Credit:it631

2017 Form IT-631

Form IT-631:2017:Claim for Security Officer Training Tax Credit:IT631

2016 Form IT-631

Form IT-631:2016:Claim for Security Officer Training Tax Credit:IT631

2015 Form IT-631

Form IT-631:2015:Claim for Security Officer Training Tax Credit:IT631

Claim for Security Officer Training Tax Credit 2014 Form IT-631

Form IT-631:2014:Claim for Security Officer Training Tax Credit:IT631

Claim for Security Officer Training Tax Credit 2013 Form IT-631

Form IT-631:2013:Claim for Security Officer Training Tax Credit:IT631

2012 Form IT-631

Form IT-631:2012:Claim for Security Officer Training Tax Credit:IT631


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