New York Claim for Biofuel Production Credit
Form CT-243 (Obsolete) is obsolete, and is no longer supported by the New York Department of Revenue.
Extracted from PDF file 2019-new-york-form-ct-243.pdf, last modified October 2018Claim for Biofuel Production Credit
CT-243 Department of Taxation and Finance Claim for Biofuel Production Credit Tax Law – Article 1, Section 28; Article 9, Section 187-c; and Article 9-A, Section 210-B.24 All filers must enter tax period: beginning Legal name of corporation ending Employer identification number (EIN) File this form with Form(s) CT-3, CT-3-A, CT-3-S, CT-183, CT-184, CT-186, CT-186-E, or CT-186-P. See Form CT-243-I, Instructions for Form CT-243, to complete this form. Part 1 – Computation of biofuel production credit (see instructions) A B C D Biofuel plant’s physical address Tax year Gallons of biofuel Excess eligible credit is being produced for the gallons of biofuel year produced claimed (mark an X in one box) (column C - 40,000) 1st 3rd 2nd 4th 1st 3rd 2nd 4th 1st 3rd 2nd 4th E Biofuel production credit before limitation (column D × .15) Column E amounts from additional sheet(s), if any.......................................................................................... 1 Total of column E amounts above....................................................................................................... 1 2 Credit limit ............................................................................................................................................ 2 2,500,000 00 3 Total biofuel production credit after limitation (enter the lesser of line 1 or 2).......................................... 3 4 Credit amount from partnership(s) (from line 15; see instructions). ......................................................... 4 5 Total biofuel production credit available for use (add lines 3 and 4)....................................................... 5 Part 2 – Computation of credit used (see instructions; New York S corporations do not complete this part) 6 Tax due before credits (see instructions). ................................................................................................ 7 Credits claimed before this biofuel production credit (see instructions)................................................. 8 Tax after application of credits (subtract line 7 from line 6). ......................................................................... 9 Tax limitation (see instructions)................................................................................................................ 10 Limitation on biofuel production credit (subtract line 9 from line 8; if line 9 is more than line 8, enter 0)....... 11 Biofuel production credit used for this period (see instructions)............................................................. 12 Unused biofuel production credit (subtract line 11 from line 5)................................................................ 13 Amount of biofuel production credit to be refunded (limited to the amount on line 12; see instructions). .... 14 Amount of biofuel production credit to be applied as an overpayment to the next period (subtract line 13 from line 12; see instructions)....................................................................................... 6 7 8 9 10 11 12 13 14 A If you are claiming this credit as a corporate partner, mark an X in the box . .................................................................................. 527001190094 Page 2 of 2 CT-243 (2019) Part 3 – Partnership information (attach additional sheets if necessary) If you were a partner in a partnership and received a pro rata share of the biofuel production credit from that entity, complete the following information for each partnership. Name of partnership Partnership’s EIN Credit amount allocated Total from additional sheet(s)............................................................................................................................ 15 Total credit amount allocated from partnership(s) (enter this amount here and on line 4)......................... 15 Certification: Under penalties of perjury, I certify that the biofuel produced at the eligible biofuel plant meets all the existing standards for biofuel and the amount of biofuel reported as produced at the eligible biofuel plant is to the best of my knowledge and belief, true, correct, and complete. Authorized person Printed name of authorized person Email address of authorized person 527002190094 Signature of authorized person Official title Telephone number ( ) Date
Form CT-243:2019:Claim for Biofuel Production Credit:ct243
More about the New York Form CT-243 (Obsolete) Corporate Income Tax Tax Credit
Obsolete This form is to be filled out by Corporations that produce Biofuel.
We last updated the Claim for Biofuel Production Credit in April 2021, and the latest form we have available is for tax year 2019. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the New York Department of Taxation and Finance. You can print other New York tax forms here.
Other New York Corporate 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 |
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Form IT-204-LL | Partnership, Limited Liability Company, and Limited Liability Partnership Filing Fee Payment Form |
Form CT-3M/4M | General Business Corporation MTA Surcharge Return (Obsolete) |
Form IT-205 | Fiduciary Income Tax Return |
Form IT-204 | Partnership Tax Return |
Form CT-6 | Election by a Federal S Corporation to be Treated As a New York S Corporation |
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 CT-243 (Obsolete) from the Department of Taxation and Finance in April 2021.
Form CT-243 (Obsolete) is a New York Corporate 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 Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of New York Form CT-243 (Obsolete)
We have a total of nine past-year versions of Form CT-243 (Obsolete) in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Form CT-243:2019:Claim for Biofuel Production Credit:ct243
Form CT-243:2018:Claim for Biofuel Production Credit:ct243
Form CT-243:2017:Claim for Biofuel Production Credit:ct243
Form CT-243:2016:Claim for Biofuel Production Credit:ct243
Form CT-243:2015:Claim for Biofuel Production Credit:ct243
Form CT-243:2014:Claim for Biofuel Production Credit:ct243
Form CT-243:2013:Claim for Biofuel Production Credit:ct243
Form CT-243:2012:Claim for Biofuel Production Credit:ct243
Form CT-243:2011:Claim for Biofuel Production Credit:ct243
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