New York Claim for Empire State Film Production Credit

Claim for Empire State Film Production Credit
Form IT-248 Claim for Empire State Film Production Credit Tax Year 2023Department of Taxation and Finance

Claim for Empire State Film Production Credit

IT-248

Tax Law – Sections 24 and 606 (gg)

Submit this form with Form IT-201, IT-203, IT-204, or IT-205. You must also submit a copy of your certificate of tax credit.
	Name(s) as shown on return		
Taxpayer identification number

	A	 Empire State film production credit allocation year, if applicable (from your certificate of tax credit; see instructions)		 A
	B	 Empire State film production credit allocation year, if applicable (from the partnership’s certificate of tax credit; see instr.)	 B

Part 1 – Computation of credit
	 1	 Empire State film production credit (submit a copy of the certificate of tax credit from the
		  Governor’s Office of Motion Picture & Television Development; see instructions) ..................................	 1	
	 2	 Amount of credit from line 1 available for the 2023 tax year (see instructions) ...............................	 2	
	 3	 Partner, shareholder, beneficiary share of credit from line 8 ........................................................	 3	
	4	 Credits allowed from prior years (see instructions) .........................................................................	4	
	5	 Add lines 2, 3, and 4 ....................................................................................................................	5	
	6	Fiduciary: Enter the credit allocated to beneficiaries from Part 3, column C ................................	 6	
	7	Total Empire State film production credit (subtract line 6 from line 5) ...............................................	 7	
		  Individuals: Enter the line 7 amount and code 248 on Form IT-201-ATT, line 12, or
     Form IT-203-ATT, line 12.
		  Partnerships: Enter the line 7 amount and code 248 on Form IT-204, line 147.
   Fiduciaries: Include the line 7 amount on Form IT-205, line 33.

.00
.00
.00
.00
.00
.00
.00

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.
	

A – Name of entity	

B – Type	

C – Employer identification number	

D – Share of current year’s credit

	.00
	.00
	.00
.00

	8		
Total (Add amounts in column D; include amounts from additional forms. Enter here and on line 3 above.) .....	8	

Part 3 – Beneficiary’s and fiduciary’s share of Empire State film production credit (see instructions)
	

A – Beneficiary’s name (same as on Form IT‑205, Schedule C) 	

B – Identifying number 	

  Total

C – Share of current year’s credit

	.00
	.00
	.00

 Fiduciary

	.00

Part 4 – Amount of credit to be claimed in succeeding tax years (see instructions)
9	

.00

	10	 Amount of credit to be claimed for 2025 (see instructions) .............................................................	  10	

.00	

	9	 Amount of credit to be claimed for 2024 (see instructions) .............................................................	

248001230094

Extracted from PDF file 2023-new-york-form-it-248.pdf, last modified November 2006

Download This Form

Print This Form

More about the New York Form IT-248 Individual Income Tax Tax Credit TY 2023

This form is for New York state taxpayers who are qualified for the Empire State Film Production Credit.

We last updated the Claim for Empire State Film Production Credit in January 2024, so this is the latest version of Form IT-248, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form IT-248 directly from TaxFormFinder. You can print other New York tax forms here.

eFile your New York tax return now

eFiling is easier, faster, and safer than filling out paper tax forms. File your New York and Federal tax returns online with TurboTax in minutes. FREE for simple returns, with discounts available for TaxFormFinder users!

File Now with TurboTax

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 Tax Return
IT-201-V	Payment Voucher for Income Tax Returns Voucher
Form IT-203	Nonresident Income Tax Return Nonresident
Form IT-201-D	Resident Itemized Deduction Schedule (DISCONTINUED)
Form IT-201-I	Individual Income Tax Return Instructions 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 IT-248 from the Department of Taxation and Finance in January 2024.

Show Sources >

Form IT-248 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-248

We have a total of twelve past-year versions of Form IT-248 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2023 Form IT-248

Form IT-248 Claim for Empire State Film Production Credit Tax Year 2023

2022 Form IT-248

Form IT-248 Claim for Empire State Film Production Credit Tax Year 2022

2021 Form IT-248

Form IT-248 Claim for Empire State Film Production Credit Tax Year 2021

2020 Form IT-248

Form IT-248 Claim for Empire State Film Production Credit Tax Year 2020

2019 Form IT-248

Form IT-248:2019:Claim for Empire State Film Production Credit:it248

2018 Form IT-248

Form IT-248:2018:Claim for Empire State Film Production Credit:it248

2017 Form IT-248

Form IT-248:2017:Claim for Empire State Film Production Credit:IT248

2016 Form IT-248

Form IT-248:2016:Claim for Empire State Film Production Credit:IT248

2015 Form IT-248

Form IT-248:2015:Claim for Empire State Film Production Credit:IT248

2014 Form IT-248

Form IT-248:2014:Claim for Empire State Film Production Credit:IT248

2013 Form IT-248

Form IT-248:2013:Claim for Empire State Film Production Credit:IT248

2012 Form IT-248

Form IT-248:2012:Claim for Empire State Film Production Credit:IT248

TaxFormFinder Disclaimer:

While we do our best to keep our list of New York Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.