Download New York It 245 Template in PDF

• Form IT-201: This is the main income tax return form for New York residents. Like the IT-245, it requires personal information and determines eligibility for tax credits, including the volunteer firefighters’ and ambulance workers’ credit.
• Form IT-214: This form is for the New York State School Tax Relief (STAR) exemption. Similar to the IT-245, it assesses eligibility based on residency and provides tax relief for qualifying homeowners, emphasizing the importance of community service.
• Form IT-150: This is the New York State Resident Income Tax Return for individuals with simpler tax situations. It shares a similar structure in gathering personal details and determining eligibility for various credits, making it accessible for many taxpayers.
• Form IT-272: This form is for the New York State Earned Income Credit. It requires personal and income information to determine eligibility for a credit aimed at low- to moderate-income earners, much like the IT-245 focuses on volunteer service.
• Form IT-196: This is used for claiming a credit for taxes paid to other jurisdictions. It, too, requires detailed personal information and assesses eligibility based on residency and tax payments, paralleling the IT-245's focus on residency and service.
• Form IT-215: This form is for the New York State Child and Dependent Care Credit. Similar to the IT-245, it requires information about dependents and assesses eligibility for a tax credit, highlighting the significance of supporting community members.

Guide to Filling Out New York It 245

Completing the New York IT-245 form is essential for claiming the Volunteer Firefighters’ and Ambulance Workers’ Credit. Follow these steps carefully to ensure your submission is accurate and complete.

1. Step 1: Enter Identifying Information
   • Fill in your name as it appears on your tax return.
   • Provide your social security number.
   • Enter your spouse’s name if filing jointly.
   • Include your spouse’s social security number.
2. Step 2: Determine Eligibility
   • For line 1, indicate if you (and your spouse) were New York State residents for the entire tax year by marking an X in the appropriate box.
   • For line 2, confirm if you were an active volunteer firefighter or ambulance worker for the whole year without receiving a real property tax exemption. Mark an X in the Yes or No box.
   • If filing jointly, for line 3, determine if your spouse also qualifies as an active volunteer without a real property tax exemption and mark the appropriate box.
3. Step 3: Enter Qualifying Information
   • Provide the name of the qualifying volunteer.
   • Enter the name of the volunteer fire company/department or ambulance company.
   • Include the address of the volunteer fire company/department or ambulance company.
4. Step 4: Determine Credit Amount
   • If you marked Yes on either line 2 or line 3 (but not both), enter 200. If you marked Yes on both lines, enter 400.
   • Transfer the amount from line 4 and code 354 to Form IT-201-ATT, line 12.

Once you have completed the IT-245 form, attach it to your Form IT-201 and submit it to the New York State Department of Taxation and Finance. Ensure that all information is accurate to avoid delays in processing your credit claim.