Form IT-257 Claim of Right Credit Tax Year 2024-2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering your name(s) and identifying number as shown on your tax return at the top of the form.
3. Complete lines 1, 2, and 3. Line 1 requires you to enter the tax year for which you originally reported income under a claim of right. Line 2 is for the amount of income repaid.
4. Proceed to Section 1 and fill out lines 4 through 6, calculating the New York State claim of right credit by subtracting line 5 from line 4.
5. Continue with Sections 2 through 6, filling in previously calculated taxes and recalculating them as instructed. Ensure you subtract correctly to find your claim credits.
6. Finally, review all entries for accuracy before saving or exporting your completed form directly from our platform.

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