Home
Forms Library
NewYorkStateDepartmentofTaxationandFinance Claim for QEZE Credit for Real Property Taxes Tax Law - S

NewYorkStateDepartmentofTaxationandFinance Claim for QEZE Credit for Real Property Taxes Tax Law - S 2025

NewYorkStateDepartmentofTaxationandFinance Claim for QEZE Credit for Real Property Taxes Tax Law - S Preview on Page 1

See details

4.5 out of 5

61 votes

The document is a form (IT-606) from the New York State Department of Taxation and Finance for claiming the Qualified Empire Zone Enterprise (QEZE) credit for real property taxes. It outlines the requirements and procedures for QEZEs certified before and after April 1, 2005, including sections for employment tests, computation of eligible taxes, and necessary schedules to complete based on the certification date. The form requires detailed employment data and tax information to determine eligibility for the credit.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out New York State Department of Taxation and Finance Claim for QEZE Credit for Real Property Taxes Tax Law - S with Our Platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the New York State Claim for QEZE Credit for Real Property Taxes in our editor.
Identify whether your QEZE was certified before or after April 1, 2005. Complete either Section 1 or Section 2 accordingly, ensuring not to file both.
In Section 1, provide your name as shown on your tax return, taxpayer identification number, and details about your empire zone and QEZE business.
Fill out Schedule A by entering employment numbers for the current tax year and the five-year base period. Ensure you include all full-time employees within all EZs.
For Schedule B, compute the employment number within the EZs where you are certified. Follow similar steps for subsequent schedules that pertain to your specific certification date.
Review all entries carefully and ensure that you have attached any required documentation before submitting the form through our platform.

Start using our platform today to streamline your form completion process for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How much of your property taxes are tax deductible in the USA?

The total amount of deductible state and local income taxes, including property taxes, is limited to $10,000 for 2024. This amount increases to $40,000 for tax years 2025 through 2028 but is subject to reduction depending on your income level.

Can you claim property taxes on a tax refund?

You can deduct real estate taxes imposed on you. You must have paid them either at settlement or closing, or to a taxing authority (either directly or through an escrow account) during the year. If you own a cooperative apartment, see Special Rules for Cooperatives, later.

Try more PDF tools