New York Empire State Jobs Retention Program Credit

Empire State Jobs Retention Program Credit
Form IT-634 Empire State Jobs Retention Program Credit Tax Year 2023
Department of Taxation and Finance

Empire State Jobs Retention Program Credit

IT-634

Tax Law - Sections 36 and 606(tt)

	
Calendar-year filers, mark an X in the box:
Other filers enter tax period:
beginning	
and ending

	
	

Submit this form with Form IT-201, IT-203, IT-204, or IT-205.
You must also submit a copy of the certificate(s) of tax credit issued by Empire State Development (ESD).
	Name(s) as shown on return	
	

Identifying number as shown on return	

A  Year of eligibility (enter a number from 1 to 10; see instructions)...................................................................................................... A

Schedule A – Credit computation (see instructions)
Individual (including sole
proprietor), partnership, fiduciary
	1	
Enter your Empire State jobs retention program credit ...... 	 1	
	
2		
Enter your share of the Empire State jobs retention
Partner
			 program credit from your partnership(s) .............................	 2	
S corporation
	
3		 Enter your share of the Empire State jobs retention
shareholder
			 program credit from your S corporation(s) ......................... 	 3	
	
4		 Enter your share of the Empire State jobs retention
Beneficiary
			 program credit from the estate(s) or trust(s) ....................... 	 4	
	
5		 Total Empire State jobs retention program credit
		  (add lines 1 through 4; see instructions) ...................................	 5	

.00
.00
.00
.00
.00

Schedule B – Partnership, S corporation, estate, and trust information (see instructions)
If you were a partner in a partnership, a shareholder of a New York S corporation, or a beneficiary of an estate or trust and received a share of
the Empire State jobs retention program credit or a share of the recapture of credit from that entity, complete the following information for each
partnership, New York S corporation, estate, or trust. For Type, enter P for partnership, S for S corporation, or ET for estate or trust.

	

Name	

Type	

Employer ID number

Schedule C – Beneficiary’s and fiduciary’s share of credit and recapture of credit (see instructions)
A	
B	 C	D
Beneficiary’s name (same as on Form IT-205,	
Identifying number	
Share of credit	
Share of recapture of credit

	
	
	

Schedule C)

Total	

	
	

Fiduciary	

634001230094

.00	
.00	
.00	
.00	

.00
.00
.00
.00

IT-634 (2023) (back)

Schedule D – Summary of recapture of credit (see instructions)
	6	Individual’s and partnership’s recapture of credit .........................................................................	 6	
	7	Beneficiary’s share of recapture of credit (see instructions).............................................................	 7	
	8	Partner’s share of recapture of credit (see instructions)...................................................................	 8	
	9	S corporation shareholder’s share of recapture of credit (see instructions).....................................	 9	
	10	 Fiduciaries: enter your share of amount from Schedule C, Fiduciary line, column D ..................	 10	
	11	 Total (see instructions) ....................................................................................................................	 11	

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

	
  Individuals (including sole proprietors), partners, S corporation shareholders, and beneficiaries: Enter the line 11 amount 	
		and code 634 on Form IT-201-ATT, line 20, or Form IT-203-ATT, line 19.
	
  Fiduciaries: Include the line 11 amount on Form IT-205, line 12.
	
  Partnerships: Enter the line 11 amount and code 634 on Form IT-204, line 148.

634002230094