New York State Department of Taxation and Finance
IT-246
Claim for Empire State Commercial Production Credit
Tax Law – Section 28, Section 606(jj)
Submit this form with Form IT-201, IT-203, IT-204, or IT-205.
Taxpayer identification number
Name(s) as shown on return
Part 1 – Computation of credit
(submit a copy of the certificate(s) of tax credit from the
1 Empire State commercial production credit
Governor’s Office for Motion Picture and Television Development)
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.....................................................
1
00
2 Partner, shareholder, beneficiary share of credit from Part 2, line 17 ..........................................
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2
00
3 Add lines 1 and 2
(fiduciaries: see instructions)
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................................................................................
3
00
4 Fiduciaries: Enter the credit allocated to beneficiaries from Part 3, column C .............................
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4
00
(subtract line 4 from line 3)
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5 Total Empire State commercial production credit
..................................
5
00
Partnerships: Enter the line 5 amount and code 355 on Form IT-204, line 147.
All others: Continue with line 6.
6 Enter amount from Form IT-201, line 39; Form IT-203, line 46; or Form IT-205, line 8 if a
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resident, or line 9 if a nonresident or part-year resident ..........................................................
6
00
7 Form IT-201 and IT-203 filers: Enter amount from Form IT-201-ATT, line 21;
Form IT-203-ATT, line 20. Form IT-205 filers: Enter any credits shown on line 1
of the Addbacks worksheet in the instructions for Form IT-205, line 12. ...................................
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7
00
8 Add lines 6 and 7..........................................................................................................................
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8
00
(see instructions)
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9 Other credits
.......................................................................................................
9
00
10 Subtract line 9 from line 8............................................................................................................. 10
.
00
(see instructions)
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11 Nonrefundable portion of credit
.............................................................................. 11
00
12 Subtract line 11 from line 5
(see instructions)
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................................................................................. 12
00
13 Multiply line 12 by 50% (.5) ......................................................................................................... 13
.
00
(from last year’s Form IT-246)
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14 Prior-year carryover
.......................................................................... 14
00
(see instructions)
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15 Refundable portion of credit
............................................................................ 15
00
16 Subtract line 13 from line 12. This is the amount of credit to be carried forward to next year ..... 16
.
00
Part 2 – Partnership, New York S corporation, and estate and trust information
For Type, enter P for partnership, S for S corporation, or ET for estate or trust
(see instructions)
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C – Employer identification number
A – Name of entity
B – Type
D – Share of credit
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00
.
00
.
00
(Add amounts in column D; include amounts from additional sheets. Enter here and on line 2 above.)
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17 Total
... 17
00
Part 3 – Beneficiary’s and fiduciary’s share of Empire State commercial production credit
A – Beneficiary’s name (same as on Form IT-205, Schedule C)
B – Identifying number
C – Share of credit
Total
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00
.
00
.
00
Fiduciary
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00
355001140094