CT-631: Claim for Security Officer Training Tax Credit (2024)
New York · NY DTF · Used for tax years 2024
Form CT-631 is used by corporations to claim New York's security officer training tax credit. It reports credit amounts certified by the New York State Division of Homeland Security and Emergency Services (DHSES) and allocated from partnerships, and calculates the credit used, re
Who files this form
Corporations claiming the security officer training tax credit use Form CT-631 and file it with one of the corporation tax returns listed on the form.
The form also provides for corporations claiming credit allocated from partnerships. If you claim the credit as a corporate partner, mark an X in box B.
What you'll need
- Your certificate of tax credit from the New York State Division of Homeland Security and Emergency Services (DHSES). Enter the certificate amount on line 1 and attach a copy.
- The corporation’s legal name, employer identification number (EIN), and tax period beginning and ending dates.
- The calendar year shown on the DHSES certificate, for item A.
- If claiming credit from partnerships, each partnership’s name, EIN, and allocated credit amount.
- If completing Part 2, the tax due before credits and the tax credits claimed before this credit.
How to file
File Form CT-631 with Form CT-3, CT-3-A, CT-3-S, CT-33, CT-33-A, CT-33-NL, CT-183, CT-184, CT-186, CT-186-E, or CT-186-P.
Enter your tax period, corporation’s legal name, and EIN. In Part 1, enter the DHSES certificate amount and any partnership credit from line 13, then add them on line 3. Attach a copy of the certificate.
Complete Part 3 for partnership credit information. Include any totals from additional Forms CT-631, and enter the line 13 total on line 2.
Complete Part 2 to calculate the credit used, refund, and amount applied to the next period. New York S corporations do not complete Part 2. Report the amounts from lines 9, 11, and 12 on your franchise tax return as directed.
The form text does not provide a mailing address or e-file directions.
Common mistakes
- Leaving out the tax period. All filers must enter beginning and ending dates.
- Forgetting to attach a copy of the DHSES certificate for the credit entered on line 1.
- Completing Part 2 as a New York S corporation. The form says not to complete that part.
- Entering a negative amount on line 8. If line 7 is more than line 6, enter 0.
- Claiming more credit on line 9 than allowed. Enter the lesser of line 3 or line 8.
- Requesting a refund on line 11 that exceeds the unused credit on line 10.
- Forgetting to mark box B when claiming the credit as a corporate partner.
Questions people ask
Where do I get the credit amount for line 1?
Enter the amount from your DHSES certificate of tax credit and attach a copy of the certificate.
How do I report credit allocated from a partnership?
Use Part 3 to list the partnership’s name, EIN, and allocated credit amount. Enter the total on line 13 and carry it to line 2. Mark box B if you are claiming the credit as a corporate partner.
Do New York S corporations complete Part 2?
No. The form specifically says New York S corporations do not complete Part 2.
What happens to unused credit in Part 2?
Line 10 shows unused credit. Line 11 provides for a refund, limited to the amount on line 10. Line 12 applies the remainder as an overpayment to the next period. Enter the line 11 and line 12 amounts on your franchise tax return.