Form IT-633 Economic Transformation and - Tax NY 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by marking an X in the box for calendar-year filers or enter your tax period dates. Ensure you have your Certificate of Eligibility and Preliminary Schedule of Benefits ready for submission.
3. Fill in your name(s) as shown on your return and provide your taxpayer identification number. Indicate the tax year for which you are claiming the credit by marking the appropriate box.
4. Proceed to Schedule A – Eligibility. Answer questions regarding whether your business qualifies as a new business or if it is located within a closed facility.
5. In Part 2, compute the average number of net new jobs created during the current tax year. If this number is five or greater, continue to Schedule B.
6. Complete Schedule B by providing details for each net new job created, including employee names, Social Security numbers, and gross wages.
7. Continue filling out subsequent sections for investment tax credits and training tax credits as applicable, ensuring all calculations are accurate.

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