CT-250: Credit for Purchase of an Automated External Defibrillator (2024)
New York · NY DTF · Used for tax years 2024
Form CT-250 calculates a corporation’s New York credit for purchasing an automated external defibrillator. It reports device purchases, credit from partnerships, and the credit used for the current tax year.
Who files this form
Corporations claiming the Credit for Purchase of an Automated External Defibrillator use Form CT-250. File it with Form CT-3, CT-3-A, CT-3-S, CT-33, CT-33-A, or CT-33-NL.
If you are claiming the credit as a corporate partner, mark an X in box A.
What you'll need
Have the following information ready to complete the form:
- The corporation’s legal name and employer identification number.
- The beginning and ending dates of the tax period.
- Each defibrillator’s name or model number, purchase date, and cost.
- Any credit from partnerships to enter on line 2.
- If completing Part 2, the tax before credits, other tax credits used, and the applicable minimum tax information.
Attach additional forms if needed for Part 1.
How to file
File Form CT-250 with Form CT-3, CT-3-A, CT-3-S, CT-33, CT-33-A, or CT-33-NL.
Enter the tax period and corporation information. Complete Part 1 to calculate the credit, attaching additional forms if necessary. Include the total column E amounts from any additional forms.
Complete Part 2 to calculate the credit used, unless you are a New York S corporation. New York S corporations do not complete Part 2.
Common mistakes
- Leaving the tax period blank. The form says all filers must enter it.
- Filing CT-250 without the accompanying return. The form directs you to file it with one of the listed corporation tax returns.
- Completing Part 2 as a New York S corporation. The form specifically says New York S corporations do not complete this part.
- Forgetting additional forms when needed for Part 1.
Questions people ask
How much credit is entered for each defibrillator?
Enter the lesser of the cost in column C or the $500 maximum in column D. Put that amount in column E.
What if I need more room to list defibrillators?
Attach additional forms as necessary. Include their total column E amounts in the space provided before line 1.
How do I report a credit from a partnership?
Enter the credit from partnerships on line 2. If claiming the credit as a corporate partner, also mark an X in box A. The form refers you to the instructions for line 2.
Do New York S corporations complete Part 2?
No. The form says New York S corporations do not complete Part 2.
What if the tax limitation on line 7 is greater than net tax on line 6?
Enter 0 on line 8.