CT-241: Claim for Clean Heating Fuel Credit (2025)
New York · NY DTF · Used for tax years 2025
Form CT-241 is used by corporations to claim New York’s clean heating fuel credit. It calculates the credit for bioheating fuel purchases and credits passed through from partnerships, and reports amounts used, refunded, or credited to next year’s tax. New York S corporations tran
Who files this form
Form CT-241 is for corporations claiming the clean heating fuel credit. Attach it to Form CT-3, CT-3-A, or CT-3-S.
- Corporate partners claiming the credit must mark an X in box A.
- New York S corporations transfer the total credit on line 3 to Form CT-34-SH, New York S Corporation Shareholders’ Information Schedule, and do not complete Part 2.
What you'll need
Have the following information ready to complete the form:
- The corporation’s legal name, employer identification number (EIN), and tax period beginning and ending dates.
- Fuel purchase dates, gallons of bioheating fuel eligible for credit, and the percentage of biodiesel per gallon.
- If claiming credit passed through from partnerships, each partnership’s name, EIN, and allocated credit amount.
- For Part 2, tax due before credits, tax credits claimed before this credit, and the fixed dollar minimum tax.
The form must be attached to Form CT-3, CT-3-A, or CT-3-S.
How to file
- Enter the tax period, corporation’s legal name, and EIN.
- Complete Part 1. Multiply the eligible gallons in column B by the biodiesel percentage in column C, entered as a decimal. Total column D on line 1.
- If you have partnership credits, complete Part 3 and enter the total from line 13 on line 2. Add lines 1 and 2 on line 3.
- New York S corporations transfer line 3 to Form CT-34-SH and skip Part 2. Other filers complete Part 2 to report the credit used, refunded, or credited as an overpayment to next year’s tax.
- Attach Form CT-241 to Form CT-3, CT-3-A, or CT-3-S.
Common mistakes
- Do not leave the tax period blank. All filers must enter beginning and ending dates.
- Enter the biodiesel percentage in column C as a decimal, at least .06 and no more than .20.
- If the line 8 calculation is negative, enter 0.
- New York S corporations must not complete Part 2. Transfer line 3 to Form CT-34-SH instead.
- Complete Part 3 only if you entered an amount on line 2.
- If claiming the credit as a corporate partner, mark an X in box A.
Questions people ask
Which return does Form CT-241 go with?
Attach it to Form CT-3, CT-3-A, or CT-3-S.
Where do I report credit passed through from a partnership?
List the partnership information and allocated credit in Part 3. Enter the total on line 13 and line 2.
What do New York S corporations do with the total credit?
Transfer the amount on line 3 to Form CT-34-SH, New York S Corporation Shareholders’ Information Schedule. Do not complete Part 2.
Where do I report unused credit?
Line 10 shows unused credit, calculated by subtracting line 9 from line 3. Line 11 reports the amount to be refunded, and line 12 reports the remaining amount to be credited as an overpayment to next year’s tax. The form directs filers to see the instructions for lines 11 and 12.