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Form DTF-632: August 2003, Claim for Transportation Improvement - tax ny

Form DTF-632: August 2003, Claim for Transportation Improvement - tax ny-2025

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The document DTF-632 is a form from the New York State Department of Taxation and Finance for claiming a Transportation Improvement Contribution Credit. It outlines the process for taxpayers to compute their increased payroll at a Qualified Business Facility (QBF) and in New York State, determine the credit amount based on this increase, and apply or recapture the credit in subsequent tax years. The credit is available to those who contribute at least $10 million towards qualified transportation projects that create over 1,000 jobs.

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