CT-667: Empire State Independent Film Production Credit (2025)
New York · NY DTF · Used for tax years 2025
Form CT-667 is used by corporations to claim New York’s Empire State Independent Film Production Credit. It reports certificate information, credits earned or received from partnerships, any credit recapture, and the total available credit. For corporations other than New York S
Who files this form
Form CT-667 is for corporations claiming the Empire State Independent Film Production Credit, either as the corporation that earned the credit or as a corporate partner receiving a share from a partnership.
File it with Form CT-3, CT-3-A, or CT-3-S. All filers must enter their tax period and complete line A to identify how they received the credit.
What you'll need
Have these documents and details ready:
- Each credit certificate issued by the Governor’s Office of Motion Picture and Television Development. Submit a copy with your return.
- The corporation’s legal name, EIN, and tax period beginning and ending dates.
- The certified entity’s name and EIN, certificate number, and allocation year.
- The credit amount from your certificate or your share of credit from a partnership.
- If you marked No on line A and received the credit from a partnership other than the entity listed on the certificate, that partnership’s name and EIN for line B.
- For Schedule B, your tax due before credits, credits claimed before this credit, and fixed dollar minimum tax. New York S corporations do not complete Schedule B.
How to file
File Form CT-667 with Form CT-3, CT-3-A, or CT-3-S.
Complete the certificate information section and file a separate Form CT-667 for each certificate issued by the Governor’s Office of Motion Picture and Television Development. Include a copy of the certificate with your return.
Complete Schedule A to calculate the available credit. Corporations other than New York S corporations also complete Schedule B to calculate the credit used, refunded, or applied as an overpayment to the next tax year.
The supplied form does not give a mailing address or e-file directions.
Common mistakes
- Leaving out the tax period or line A. Both are required for all filers.
- Skipping the certificate information or combining certificates on one form. Complete the certificate section and file a separate Form CT-667 for each certificate.
- Forgetting the certificate copy. Submit a copy with your return.
- Omitting line B when it applies. Provide the partnership’s name and EIN if you marked No on line A and received the credit from an entity other than the one listed on the certificate.
- Completing Schedule B as a New York S corporation. The form says New York S corporations must not complete that schedule.
Questions people ask
How do I answer line A?
Mark Yes if you are claiming the credit as the corporation that earned it. Mark No if you are claiming a share received as a corporate partner from a partnership.
What if I have more than one certificate?
File a separate Form CT-667 for each certificate. Lines 2 and 4 collect the line 1 and line 3 totals, respectively, from additional Forms CT-667.
Do New York S corporations complete Schedule B?
No. Schedule B specifically tells New York S corporations not to complete it.
Can unused credit be refunded or applied to next year’s tax?
Schedule B provides for both options. Line 14 calculates unused credit, line 15 records the amount to be refunded, and line 16 records the remaining amount to apply as an overpayment to the next year’s tax.