New York Minimum Wage Reimbursement Credit (OBSOLETE)

Minimum Wage Reimbursement Credit (OBSOLETE) 
Form CT-639:2018:Minimum Wage Reimbursement Credit:ct639:ct639
CT-639

Department of Taxation and Finance

Minimum Wage Reimbursement Credit
Tax Law – Article 1, Section 38; Article 9-A, Section 210-B.40; and
Article 33, Section 1511(cc)

All filers must enter tax period:
beginning
	 Legal name of corporation	

ending
Employer identification number (EIN)	

File this form with your franchise tax return.
All filers must complete line A.
	A	 Are you claiming this credit as a corporation that earned the credit (not as a corporate partner that received
		 a share of the credit from a partnership)? (mark an X in the appropriate box; see instructions) ................................ 	 Yes	
No
New York S corporations
C corporations
If Yes, complete Schedule A and, as applicable, Schedules D
If Yes, complete Schedules A and B and, as applicable,
and E and Form CT-639-ATT.
Schedules D and E and Form CT-639-ATT.
If No, and you are claiming this credit as a corporate partner,
If No, and you are claiming this credit as a corporate partner,
complete Schedules A (lines 3 and 4) and C.
complete Schedule A (lines 3 and 4), and Schedules B and C.
	B	 Enter the total number of employees claimed for this credit (see instructions) ................................................................

Schedule A – Computation of credit (complete Schedules C, D, and E, as applicable, before completing this schedule)
	1	 Credit for hours worked when the federal minimum wage does not exceed 85% of the
		  NYS minimum wage (from line 19) ...................................................................................................	
	2	 Credit for hours worked when the federal minimum wage exceeds 85% of the
		  NYS minimum wage (from line 22)....................................................................................................	
	3	 Partner: Enter your share of the credit from your partnership(s) from line 14 ...................................	
	4 	 Total credit (add lines 1, 2, and 3; New York S corporations, see instructions) .............................................	

1
2
3
4

Schedule B – Computation of credit used, refunded, or credited as an overpayment to the next tax year
(New York S corporations: do not complete this schedule.)

	5	 Tax due before credits (see instructions) .................................................................................................	
	6	 Tax credits claimed before this credit (see instructions) ........................................................................	
	7	 Subtract line 6 from line 5 .....................................................................................................................	
	8	 Minimum tax (see instructions) ................................................................................................................	
	9	 Credit limitation (subtract line 8 from line 7; if zero or less, enter 0) ...........................................................	
	10	 Credit to be used this tax year (enter the lesser of line 4 or line 9 here and on your franchise tax return)......	
	11	 Unused tax credit available as a refund or as an overpayment (subtract line 10 from line 4) .................	
	12	 Tax credit to be refunded (limited to the amount on line 11; enter here and on your franchise tax return) ......	
	13	 Amount to be applied as an overpayment to next year’s tax (subtract line 12 from line 11;
		  enter here and on your franchise tax return)............................................................................................	

5
6
7
8
9
10
11
12
13

Schedule C – Partnership information (see instructions)
	

Name of partnership	

Partnership’s EIN 	

Total from additional sheet(s), if any ................................................................................................................
	14	 Total credit allocated from partnerships (enter here and on line 3) ...........................................................	 14
550001180094

Credit amount allocated

Page 2 of 3  CT-639 (2018)

Schedule D – Credit for hours worked when the federal minimum wage does not exceed 85% of the
	
NYS minimum wage (see instructions)
A

Name of eligible employee

B

Employee
work location
ZIP code

C

Social security number
of eligible employee

(first 5 digits only)

	15	 Total number of hours worked (total of column D) .................................................................................	
	16	 Total number of hours worked from Form(s) CT-639-ATT, line 1 ........................................................	
	17	 Add lines 15 and 16 ............................................................................................................................	
	18	 Tax credit rate ($1.35) ............................................................................................................................	
	19	 Tax credit (multiply line 17 by line 18; enter here and on line 1)...................................................................	

550002180094

15
16
17
18	
19

D

Hours worked at the
NYS minimum wage rate
(see instructions)

1	35

CT-639 (2018)  Page 3 of 3

Schedule E – Credit for hours worked when the federal minimum wage exceeds 85% of the NYS
		minimum wage (see instructions)
A
Name of eligible employee

B
Employee
work
location
ZIP code

(first 5 digits
only)

C
Social security
number of
eligible employee

D
Hours
worked at
the NYS
minimum
wage rate
(see instr.)

E
F
G
NYS
Federal Subtract
minimum minimum column F
hourly
hourly
from
wage rate wage rate column E

(see instr.) (see instr.) (see instr.)

	 0	 Total of column H amounts .................................................................................................................	
2
	21	 Total from Form(s) CT-639-ATT, line 2 ...............................................................................................	
	22	 Add lines 20 and 21 (enter here and on line 2) .......................................................................................	

550003180094

20
21
22

H
Credit amount

(column D × column G)