CT-669: Semiconductor Manufacturing Workforce Training Program Credit (2025)
New York · NY DTF · Used for tax years 2025
New York Form CT-669 calculates the Semiconductor Manufacturing Workforce Training Program Credit, including credit earned by a corporation or received through a partnership, and any credit recapture. It also calculates the credit used, refunded, or applied to next year’s tax, ex
Who files this form
Form CT-669 is used to claim the Semiconductor Manufacturing Workforce Training Program Credit. It covers corporations that earned the credit and corporate partners that received a share of the credit from a partnership.
File it with Form CT-3, CT-3-A, or CT-3-S. All filers must complete line A to show whether they earned the credit directly or received it as a corporate partner.
What you'll need
Have the following ready:
- Each credit certificate issued by Empire State Development. Submit a copy with your return.
- The certified entity’s name, EIN, and certificate number.
- Your corporation’s legal name, EIN, and tax period beginning and ending dates.
- Any partnership credit-share amount. If you received the credit from a partnership other than the entity listed on the certificate, provide that partnership’s name and EIN.
- For Schedule B, the tax due before credits, credits claimed before this credit, and minimum tax. New York S corporations do not complete Schedule B.
How to file
File Form CT-669 with Form CT-3, CT-3-A, or CT-3-S.
- Enter your tax period, corporation name, and EIN, and complete line A.
- Complete the certificate information section. File a separate Form CT-669 for each certificate issued by Empire State Development, and submit a copy of each certificate with your return.
- Complete Schedule A to calculate the credit. Lines 2 and 4 collect credit amounts from additional Forms CT-669.
- Complete Schedule B unless you are a New York S corporation. Report the amounts from lines 13, 15, and 16 on your franchise tax return as directed.
The form does not provide a mailing address or e-filing directions.
Common mistakes
- Do not leave the tax period or line A blank. Both are required for all filers.
- Do not skip the certificate information section. A separate Form CT-669 is required for each certificate.
- Remember to submit a copy of the certificate with your return.
- If you marked No on line A and received the credit from a partnership other than the entity on the certificate, include that partnership’s name and EIN.
- New York S corporations must not complete Schedule B.
Questions people ask
What if I have more than one credit certificate?
File a separate Form CT-669 for each certificate issued by Empire State Development. Include the line 1 totals from additional forms on line 2 and the line 3 totals from additional forms on line 4.
Do New York S corporations complete Schedule B?
No. The form specifically tells New York S corporations not to complete Schedule B.
How much credit can I use for this tax year?
Schedule B, line 13, takes the smaller of your total available credit on line 7 or your credit limitation on line 12. Enter that amount on your franchise tax return too.
Can unused credit be refunded or applied to next year’s tax?
Schedule B provides both options. Line 14 calculates the unused credit. Enter the amount to be refunded on line 15, limited to line 14. Line 16 applies the remaining amount as an overpayment to the next year’s tax.