New York Claim for Biofuel Production Credit (Obsolete)
IT-243 is obsolete, and is no longer supported by the New York Department of Revenue.
Extracted from PDF file 2019-new-york-form-it-243.pdf, last modified November 2006Claim for Biofuel Production Credit (Obsolete)
IT-243 Department of Taxation and Finance Claim for Biofuel Production Credit Tax Law – Article 1, Section 28 and Article 22, Section 606(jj) All filers must enter tax period: beginning Submit this form with Form IT-201, IT-203, IT-204, or IT-205. Name(s) as shown on return and ending Identifying number as shown on return Part 1 – Individual (including sole proprietor), partnership, and estate or trust (see instructions) A Biofuel plant’s physical address B Tax year credit is being claimed (mark an X in one box) 1st 3rd 2nd 4th 1st 3rd 2nd 4th 1st 3rd 2nd 4th C Gallons of biofuel produced for the year D Excess eligible gallons of biofuel produced E Biofuel production credit before limitation (column C - 40,000) (column D x .15) .00 .00 .00 1 Total of column E amounts from additional Form(s) IT-243, if any................................................ 2 Total of all column E amounts (include any amount from line 1)......................................................... 3 Beneficiary: Enter your share of the credit from the estate or trust (see instructions)..................... 4 Biofuel production credit before limitation (add lines 2 and 3). Fiduciary: Include the line 4 amount on the Total line of Part 4, column C. All others: Enter the line 4 amount on line 5.... 5 Credit after fiduciary allocation. Fiduciary: Enter the amount from Part 4, Fiduciary line, column C. All others: Enter amount from line 4....................................................................... 6 Credit limit .................................................................................................................................... 7 Biofuel production credit after limitation (amount from line 5 or line 6, whichever is less; enter here and on line 11)............................................................................................................... 1 2 3 .00 .00 .00 4 .00 5 .00 6 2500000.00 .00 7 Part 2 – Partnership, New York 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 biofuel production 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 of entity 303001190094 Type Employer identification number IT-243 (2019) (back) Part 3 – Partner’s or shareholder’s share of credit (see instructions) Partner S corporation shareholder 8 .00 9 Enter your share of the credit from your S corporation ................................... 9 10 Total (add lines 8 and 9; enter here and on line 12) ................................................ 10 .00 .00 8 Enter your share of the credit from your partnership ....................................... Part 4 – Beneficiary’s and fiduciary’s share of biofuel production credit (see instructions) A Beneficiary’s name (same as on Form IT-205, Schedule C) B Identifying number C Share of biofuel production credit .00 Total (fiduciaries, enter the amount from line 4) .00 Fiduciary .00 .00 Part 5 – Computation of biofuel production credit Individual, fiduciary, beneficiary, and partnership 11 Enter the amount from line 7 .................................................... 11 .00 Partners and S corporation shareholders .00 .00 12 Enter the amount from line 10 .................................................. 12 13 Total biofuel production credit (add lines 11 and 12; see instructions) .... 13 Certification: Under penalties of perjury, I certify that the biofuel produced at the eligible biofuel plant meets all the existing standards for biofuel and the amount of biofuel reported as produced at the eligible biofuel plant is to the best of my knowledge and belief, true, correct, and complete. Signature 303002190094 Title Date
Form IT-243:2019:Claim for Biofuel Production Credit:it243
More about the New York IT-243 Individual Income Tax Tax Credit
Obsolete
We last updated the Claim for Biofuel Production Credit (Obsolete) in July 2021, and the latest form we have available is for tax year 2019. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the New York Department of Taxation and Finance. You can print other New York tax forms here.
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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 |
IT-201-V | Payment Voucher for Income Tax Returns |
Form IT-203 | Nonresident Income Tax Return |
Form IT-201-D | Resident Itemized Deduction Schedule (DISCONTINUED) |
Form IT-201-I | Individual Income Tax Return Instructions |
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 IT-243 from the Department of Taxation and Finance in July 2021.
IT-243 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 IT-243
We have a total of eight past-year versions of IT-243 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Form IT-243:2019:Claim for Biofuel Production Credit:it243
Form IT-243:2018:Claim for Biofuel Production Credit:it243
Form IT-243:2017:Claim for Biofuel Production Credit:it243
Form IT-243:2016:Claim for Biofuel Production Credit:it243
Form IT-243:2015:Claim for Biofuel Production Credit:it243
Form IT-243:2014:Claim for Biofuel Production Credit:it243
Form IT-243:2013:Claim for Biofuel Production Credit:it243
Form IT-243:2012:Claim for Biofuel Production Credit:it243
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