Form IT-250 Claim for Credit for Purchase of an Automated External Defribrillator Tax Year 2023-2025

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Form IT-250 Claim for Credit for Purchase of an Automated External Defribrillator Tax Year 2023 Preview on Page 1

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering your name(s) as shown on your tax return and your identification number. If applicable, specify your type of business.
  3. In Schedule A, list each defibrillator purchased on a separate line. Fill in the defibrillator name/model number, purchase date (mmddyyyy), cost, and credit amount (the lesser of cost or maximum credit of $500).
  4. If you have more purchases than lines available, submit additional Form IT-250s and total those amounts on line 1.
  5. Proceed to Schedule B if you are part of a partnership or S corporation. Enter the required details for each entity regarding the share of credit received.
  6. Complete Schedule C by entering your share of credits from partnerships or S corporations.
  7. In Schedule D, provide beneficiary information and total credits from previous schedules.
  8. Finally, complete Schedule E by calculating the total credit used against your tax due before applying this credit.

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See more Form IT-250 Claim for Credit for Purchase of an Automated External Defribrillator Tax Year 2023 versions

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Youre entitled to this credit if: You or your business purchased an Automated External Defibrillator(s) (other than for resale) during the tax year, and you have NYS tax liability. How much is the credit? The credit is equal to the purchase cost of the unit, or $500, whichever is less.
Who is eligible? Filing StatusFederal Adjusted Gross Income (FAGI) Married filing a joint return $110,000 or less Single, or head of household, or qualifying surviving spouse $75,000 or less Married filing separately $55,000 or less Aug 26, 2025
NYS Tax Credit Forms Youre entitled to this credit if: You or your business purchased an Automated External Defibrillator(s) (other than for resale) during the tax year, and you have NYS tax liability. How much is the credit? The credit is equal to the purchase cost of the unit, or $500, whichever is less.
You cannot claim the Lifetime Learning Tax Credit if you are single with a MAGI above $90,000 or married filing jointly with a MAGI above $180,000. Not every school qualifies for the Lifetime Learning Credit. The school must be eligible to participate in federal student aid under the US Department of Education.
Part I of Form 1040 Schedule 3 is for nonrefundable credits, including the Foreign Tax Credit, Child and Dependent Care Credit, education credits, and more.
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This report provides an overview of the child tax credit under current law, including a review of temporary changes made by P.L. 115-97 (also known as the Tax Cuts and Jobs Act or TCJA). The child tax credit allows eligible taxpayers to reduce their federal income tax liability by up to $2,000 per qualifying child.

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