New York Restaurant Return-to-Work Credit
Extracted from PDF file 2023-new-york-it-655.pdf, last modified October 2021Restaurant Return-to-Work Credit
Department of Taxation and Finance Restaurant Return-to-Work Credit IT-655 Tax Law – Section 606(lll) Submit this form with Form IT-201, IT-203, IT-204, or IT-205. Name(s) as shown on return Identifying number as shown on return Recapture of restaurant return-to-work credit (see instructions) A Revoked certificate number B Amount of credit previously claimed .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 Total of column B amounts from any additional Forms IT-655......... 1 Total (add column B amounts) ................................................ 1 Individuals, partners, S corporation shareholders and beneficiaries: Enter the line 1 amount and code 655 on Form IT-201-ATT, line 20, or Form IT-203-ATT, line 19. Partnerships: Enter the line 1 amount and code 655 on Form IT-204, line 148. Fiduciaries: Include the line 1 amount on Form IT-205, line 12. 655001230094 Page 2 of 2 IT-655 (2023) Instructions General information The restaurant return-to-work credit was only available for tax years that included December 31, 2021. Use this form if you are required to recapture any or all of the restaurant return-to-work credit received for the 2021 tax year. Line instructions Recapture of restaurant return-to-work credit If Empire State Development has adjusted or revoked a previously claimed restaurant return-to-work credit that you earned directly or from a partnership; enter the certificate number in column A, and the amount of credit that was adjusted or revoked in column B. Additional forms – If you have more entries than will fit on the lines provided, submit additional Forms IT-655. Include your name and taxpayer identification number on each form. On the indicated line of the first Form IT-655 include the totals from all additional Forms IT-655. Place the extra forms behind the first Form IT-655 and submit them with your return. 655002230094
Form IT-655 Restaurant Return-to-Work Credit Tax Year 2023
More about the New York IT-655 Corporate Income Tax TY 2023
Available for small business operators who serve in the food services industry, The Restaurant Return-to-Work (RRTW) credit is for those who have suffered economic harm as a result of the COVID-19 emergency.
We last updated the Restaurant Return-to-Work Credit in January 2024, so this is the latest version of IT-655, fully updated for tax year 2023. You can download or print current or past-year PDFs of IT-655 directly from TaxFormFinder. You can print other New York tax forms here.
Related New York Corporate Income Tax Forms:
TaxFormFinder has an additional 271 New York income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the New York IT-655.
Form Code | Form Name |
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IT-655 (Instructions) | Restaurant Return-to-Work Credit (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-655 from the Department of Taxation and Finance in January 2024.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of New York IT-655
We have a total of two past-year versions of IT-655 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Form IT-655 Restaurant Return-to-Work Credit Tax Year 2023
Form IT-655 Restaurant Return-to-Work Credit Tax Year 2021
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