New York Alternative Fuels and Electric Vehicle Recharging Property Credit

Alternative Fuels and Electric Vehicle Recharging Property Credit
Form CT-637 Alternative Fuels and Electric Vehicle Recharging Property Credit Tax Year 2023Department of Taxation and Finance

Alternative Fuels and Electric Vehicle
Recharging Property Credit

CT-637

Tax Law – Sections 187-b and 210-B.30

All filers must enter tax period:

Submit this form with your franchise tax return.
Legal name of corporation	

beginning	

ending
Employer identification number (EIN)

	 A	 If you are claiming this credit as a corporate partner, mark an X in the box ..................................................................................

Schedule A – Alternative fuels vehicle refueling and electric vehicle recharging property information and credit
amounts (submit additional forms as necessary)
	A	
B	
C	 D	
E	
F
	 Physical address of vehicle	
Total cost of vehicle	
Number of	 (Column B ÷ column C)	 Enter the lesser of	
Column C × column E
	 refueling or recharging property	
refueling or recharging	
pumps or	
× 50% (.5)	
column D or	
		
property	
recharging	
	
5,000
		
(see instructions)	
stations	
	
				 	

	Total of column F amounts from additional forms, if any ..................................................................................
	 1	 Total of all column F amounts .............................................................................................................	 1

Schedule B – Computation of available credit for the current tax year
	 2	
	3	
	 4	
	 5	

Credit computed for the current tax year (from line 1) ......................................................................... 	
Credit amount from partnership(s) (from line 18; see instructions) ........................................................ 	
Unused credit carried over from previous tax years (New York S corps do not make an entry on this line) . 	
Total credit computed for the current tax year (add lines 2, 3, and 4; New York S corporations,
		  see instructions) ................................................................................................................................ 	
	 6	 Recapture of credit taken in previous tax years (from line 17; New York S corporations, see instr.) ......... 	
	 7	 Total available credit for the current tax year (see instructions) ........................................................... 	

545001230094

2
3
4
5
6
7

Page 2 of 2 CT-637 (2023)

Schedule C – Computation of credit used or carried forward (New York S corporations do not complete this part)
	 8	
	9	
	10	
	11	
	12	
	13	
	14	

Tax due before credits (see instructions) ................................................................................................	
Tax credits claimed before this credit (see instructions) ....................................................................... 	
Subtract line 9 from line 8 ...................................................................................................................	
Minimum tax (see instructions) ...............................................................................................................	
Credit limitation (subtract line 11 from line 10; if line 11 is greater than line 10, enter 0) .............................. 	
Credit to be used this tax year (see instructions) ................................................................................. 	
Credit to be carried forward (subtract line 13 from line 7) ...................................................................... 	

8
9
10
11
12
13
14

Schedule D – Computation of credit recapture (see instructions; submit additional forms as necessary)
	A	
	 Tax year	
	 credit	
	 allowed	
		

B	
C	
Total	
Years in	
recovery	
service prior	
period of	
to recapture	
property	
year	

D	
Recapture	
years	

(column B −	
column C)

E	
F	
G
Recapture %	
Original credit allowed	
Credit recapture
(column D ÷		 (column E × column F)
column B)

	Total of column G amounts from additional forms, if any .................................................................................
	15	 Recaptured credit (add column G amounts) ............................................................................................	 15
	16	 Partner in a partnership: enter your share of the recapture of the credit (see instructions) ................	 16
	17	 Total recaptured credit (add lines 15 and 16; enter here and on line 6) ......................................................	 17

Schedule E – Partnership information (see instructions; submit additional forms as necessary)
	

Name of partnership	

Partnership’s EIN	

	Total from additional forms, if any ....................................................................................................................
	18	 Total credit amount allocated from partnership(s) (enter here and on line 3) ..........................................	 18

545002230094

Credit amount allocated

Extracted from PDF file 2023-new-york-form-ct-637.pdf, last modified September 2023

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More about the New York Form CT-637 Corporate Income Tax Tax Credit TY 2023

We last updated the Alternative Fuels and Electric Vehicle Recharging Property Credit in January 2024, so this is the latest version of Form CT-637, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form CT-637 directly from TaxFormFinder. You can print other New York tax forms here.

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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
Form IT-204-LL	Partnership, Limited Liability Company, and Limited Liability Partnership Filing Fee Payment Form Voucher
Form CT-3M/4M	General Business Corporation MTA Surcharge Return (Obsolete)
Form IT-205	Fiduciary Income Tax Return Tax Return
Form CT-6	Election by a Federal S Corporation to be Treated As a New York S Corporation
Form IT-204	Partnership Tax Return Tax Return

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 CT-637 from the Department of Taxation and Finance in January 2024.

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Form CT-637 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-637

We have a total of eleven past-year versions of Form CT-637 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2023 Form CT-637

Form CT-637 Alternative Fuels and Electric Vehicle Recharging Property Credit Tax Year 2023

2022 Form CT-637

Form CT-637 Alternative Fuels and Electric Vehicle Recharging Property Credit Tax Year 2022

2021 Form CT-637

Form CT-637 Alternative Fuels and Electric Vehicle Recharging Property Credit Tax Year 2021

2020 Form CT-637

Form CT-637 Alternative Fuels and Electric Vehicle Recharging Property Credit Tax Year 2020

2019 Form CT-637

Form CT-637:2019:Alternative Fuels and Electric Vehicle Recharging Property Credit:ct637i

2018 Form CT-637

Form CT-637:2018:Alternative Fuels and Electric Vehicle Recharging Property Credit:ct637i

2017 Form CT-637

Form CT-637:2017:Alternative Fuels and Electric Vehicle Recharging Property Credit:ct637

2016 Form CT-637

Form CT-637:2016:Alternative Fuels and Electric Vehicle Recharging Property Credit:ct637i

2015 Form CT-637

Form CT-637:2015:Alternative Fuels and Electric Vehicle Recharging Property Credit:ct637i

2014 Form CT-637

Form CT-637:2014:Alternative Fuels and Electric Vehicle Recharging Property Credit:ct637i

2013 Form CT-637

Form CT-637:2013:Alternative Fuels and Electric Vehicle Recharging Property Credit:ct637i

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