Looking for a New York State Tax Forms And Templates? Download it for free!

CT-600-

(2004) Page 3 of 4

Column A

— Enter the amount of alternative fuels credit deducted

Column A

— Enter the amount of EZ-ITC deducted against the tax

against the tax due from Form CT-40, line 9.

due from Form CT-603 , line 15, column B.

— Enter the amount to be refunded from Form CT-40,

Column B

— Enter in the appropriate columns the amount

Columns B and C

line 11a.

to be refunded or applied as an overpayment against next year’s

tax from Form CT-603, line 20.

— Enter the amount applied as an overpayment against

Column C

next year’s tax from Form CT-40, line 11b.

Line 32 – QEZE credit for real property taxes — The QEZE

credit for real property taxes may not reduce the tax due below the

Line 27 – Special additional mortgage recording tax credit for

greater of the MTI base or the fixed dollar minimum.

residential mortgages only

— Enter the amount of QEZE credit for real property

Column A

Taxpayers who qualify for the refundable portion of the credit

taxes deducted against the tax due from Form CT-604, line 33, or

Do not complete line 15; complete line 27 instead. The special

Form CT-604-CP, line 7.

additional mortgage recording tax credit may not reduce the tax

due below the greater of the MTI base or the fixed dollar minimum.

— Enter the amount to be refunded from Form CT-604,

Column B

line 35, or Form CT-604-CP, line 9.

— Enter the amount of special additional mortgage

Column A

recording tax credit deducted against the tax due from Form CT-43,

— Enter the amount applied as an overpayment against

Column C

line 9.

next year’s tax from Form CT-604, line 36, or Form CT-604-CP,

line 10.

— Enter the amount to be refunded from Form CT-43,

Column B

line 13.

Line 33 – EZ investment tax credit for the financial services

— Enter the amount applied as an overpayment against

industry for new businesses only

Column C

next year’s tax from Form CT-43, line 14.

Qualified new businesses — Do not complete line 20; complete

Line 28 – Investment tax credit for the financial services

line 33 instead. The EZ-ITC for the financial services industry may

industry for new businesses only

not reduce the tax due below the greater of the MTI base or the

fixed dollar minimum .

Qualified new businesses — Do not complete line 8; complete

line 28 instead. The ITC for the financial services industry may not

— Enter the amount of EZ-ITC for the financial services

Column A

reduce the tax due below the greater of the MTI base or the fixed

industry deducted against the tax due from Form CT-605, line 27,

dollar minimum .

column B.

Column A

— Enter the amount of ITC for the financial services

— Enter in the appropriate columns the amount

Columns B and C

industry deducted against the tax due from Form CT-44, included

to be refunded or applied as an overpayment against next year’s

on line 34 of that form. Note: Do not include any amount of EIC for

tax from Form CT-605, line 32.

the financial services industry deducted on line 9 of this form

Line 34 – QETC employment credit for new businesses only

because that credit is not refundable.

Qualified new businesses — Do not complete line 22; complete

— Enter in the appropriate columns the amount

Columns B and C

line 34 instead. The QETC employment credit may not reduce the

to be refunded or applied as an overpayment against next year’s

tax due below the greater of the MTI base or the fixed dollar

tax from Form CT-44, line 36.

minimum.

Line 29 – Investment tax credit, including retail enterprises and

Column A

— Enter the amount of QETC employment credit

historic barns credits for new businesses only

deducted against the tax due from Form DTF-621, line 29.

Qualified new businesses — Do not complete line 10; complete

Columns B and C

— Enter in the appropriate columns the amount

line 29 instead. The ITC, retail enterprises credit, and historic barns

to be refunded or applied as an overpayment against next year’s

credit may not reduce the tax due below the greater of the MTI

tax from Form DTF-621, line 31 .

base or the fixed dollar minimum .

Line 35 – Industrial or manufacturing business (IMB) credit

Column A

— Enter the amount of ITC, retail enterprises credit, and

The IMB credit may not reduce the tax due below the greater of the

historic barns credit deducted against the tax due from

MTI base or the fixed dollar minimum.

Form CT-46, included on line 16 of that form. Note: Do not include

any amount of EIC deducted on line 11 of this form because that

Column A

— Enter the amount of IMB credit deducted against the

credit is not refundable.

tax due from Form DTF-623, Claim for Industrial or Manufacturing

Business (IMB) Credit, line 13.

— Enter in the appropriate columns the amount

Columns B and C

to be refunded or applied as an overpayment against next year’s

Column B

— Enter the amount to be refunded from Form DTF-623,

tax from Form CT-46, line 18 .

line 15.

Line 30 – Farmers’ school tax credit — The farmers’ school tax

— Enter the amount applied as an overpayment against

Column C

credit may not reduce the tax due below the greater of the MTI

next year’s tax from Form DTF-623, line 16.

base or the fixed dollar minimum.

Line 36 – Transportation improvement contribution credit

— Enter the amount of farmers’ school tax credit

Column A

The transportation improvement contribution credit may not reduce

deducted against the tax due from Form CT-47, Claim for Farmers’

the tax due below the greater of the MTI base or the fixed dollar

School Tax Credit, line 22.

minimum.

— If you are requesting a refund in lieu of a

Columns B and C

— Enter the amount of the transportation improvement

Column A

credit carryforward, enter in the appropriate columns the amount to

contribution credit deducted against the tax due from

be refunded or applied as an overpayment against next year’s tax

Form DTF-632, Claim for Transportation Improvement Contribution

from Form CT-47, line 24 .

Credit, line 12.

Line 31 – EZ investment tax credit for new businesses only

Column B

— Enter the amount to be refunded from Form DTF-632,

line 14.

Qualified new businesses — Do not complete line 18; complete

line 31 instead. The EZ-ITC may not reduce the tax due below the

– Enter the amount applied as an overpayment against

Column C

greater of the MTI base or the fixed dollar minimum .

next year’s tax from Form DTF-632, line 15.

Instructions For Form Ct-600 - Ordering Of Corporation Tax Credits - New York State Department Of Taxation And Finance - 2004 Page 3

Related Articles

Related forms

Related Categories