New York Claim for Historic Barn Rehabilitation Credit And Employment Incentive Credit

Claim for Historic Barn Rehabilitation Credit And Employment Incentive Credit
Form IT-212-ATT Claim for Historic Barn Rehabilitation Credit And Employment Incentive Credit Tax Year 2023
Department of Taxation and Finance

Claim for Historic Barn Rehabilitation
Credit and Employment Incentive Credit
Tax Law – Sections 606(a)(12) and 606(a-1)

	Name(s) as shown on return	

IT-212-ATT

Identifying number as shown on return

Use this form to claim an investment credit for qualified rehabilitation expenditures of a historic barn, or to claim the employment
incentive credit. Submit this form with Form IT-212.

Schedule A – Historic barn rehabilitation credit (see instructions)
Part 1

Lines 1 through 10 intentionally left blank.
	 1	
	2	
	3	

	4	
	5	

	 6	

	 7	

	 8	
	 9	

	10	

Part 2 – Qualified rehabilitation expenditures (see instructions)
A
B
Project number from
certificate of completion

Certificate of
completion date

C

Amount of qualified
rehabilitation expenditures

	.00	
	.00	

Total of column D amounts from any additional Forms IT-212-ATT..................................................................... 	
	11	 Add column D amounts (enter here and on Form IT-212, line 23)................................................................. 	 11	

D

Rehabilitation credit
(column C × 0.25)

.00
.00
.00
.00
(continued on back)

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IT-212-ATT (2023) (back)
Part 3 – Early dispositions of qualified property and addback of credit on early dispositions (see instructions)
A
C
D
E
F
G
B
Description of rehabilitation
expenditures

Date
acquired

Date
property
ceased to
qualify

Property’s Unused Percentage
useful life
life
(E ÷ D)
(months)

(months)

Total investment
credit allowed for
rehabilitation of a
historic barn

H

Addback of credit
on early
dispositions
(F × G)

	.00	
	.00	

.00
.00
.00
.00

Total of column H amounts from any additional Forms IT-212-ATT..................................................................... 	
	12	 Add column H amounts (enter here and on Form IT-212, line 27)....................................................................... 	 12	

Schedule B – Employment incentive credit (see instructions)

Part 1 – Eligibility for employment incentive credit (see instructions)

	
A	
B	 C	D	E	 F	 G	 H*
	
Year	
Mar. 31	
June 30	 Sept. 30	 Dec. 31	
Total	
Average	
Percent		
						
(B + C + D + E)	
(see instr.)	
%
	A.	 Use with Part 2, line 17; first succeeding tax year
	13	
Number of New York State employees in
		 employment base year
	14	
Number of New York State employees in
		 credit year
	B.	 Use with Part 2, line 18; second succeeding tax year
	15	
Number of New York State employees in
		 employment base year
	
16	 Number of New York State employees in
		 credit year

* Divide the average number of employees in the credit year by the average number of employees in base year (column G). Round

the result to two decimal places. If the percentage in column H is less than 101% (1.01), stop; you do not qualify for the employment
incentive credit.

Part 2 – Computation of employment incentive credit (see instructions)
A
Tax year in which
investment tax credit 	
was allowed

B

Amount of investment credit
base upon which original
investment tax credit
was allowed

(exclude research and development (R&D)
property at optional rate)

C

Employment incentive credit
(multiply column B by the
appropriate rate from Tax rate
schedule below)

	17	 Information for first succeeding tax year; 		
	     use line 14, column H, to determine rate 	.00	
	18	 Information for second succeeding tax year;
     use line 16, column H, to determine rate

	.00	

	 19	 Add column C amounts from lines 17 and 18 (enter here and on Form IT-212, line 24)........................................ 	 19	

Tax rate schedule – Employment incentive credit rates to be used in Part 2 above

	

	

If the percentage in Part 1, column H is at least:	

The employment incentive credit rate is:

	
101% but less than 102% .....................................................................	 1½% (0.015) of investment credit base
	
102% but less than 103% .....................................................................	 2% (0.02) of investment credit base
	103% ....................................................................................................	 2½% (0.025) of investment credit base

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