DTF-630: Claim for Green Building Credit (2024)
New York · NY DTF · Used for tax years 2024
Form DTF-630 is used to claim a carryforward of New York’s green building credit. It reports the credit carried over from the prior year, the amount used in the current tax year, and the amount carried forward. The credit has expired, so only carryforwards may still be used.
Who files this form
Use Form DTF-630 to claim a green building credit carryforward from a preceding tax year. The green building credit has expired, so only carryforwards may still be used.
Partnerships and New York S corporations must not complete this form. Partners and shareholders must claim their carryforwards on their own Form DTF-630.
What you'll need
- Last year's Form DTF-630, showing the credit carried forward.
- The tax return you are filing with this claim, to find your tax before credits and the applicable tax limitation.
- Information about other tax credits you are claiming before the green building credit.
- Any applicable attachments or worksheets listed in the form's Lines 2 and 5 entries table, such as Form IT-201-ATT, IT-203-ATT, or the Addbacks worksheet in Form IT-205-I.
You will also need your taxpayer identification number and the beginning and ending dates of your tax period.
How to file
File Form DTF-630 with Form CT-3, CT-3-A, CT-33, CT-33-A, CT-33-NL, CT-183, CT-184, or CT-186, or submit it with Form IT-201, IT-203, or IT-205.
To complete the claim:
- Enter your name as shown on your return, taxpayer identification number, and tax period. Mark box A if claiming the credit as a corporate partner.
- Enter last year's carryover on line 1. Use the form's table to complete lines 2 and 5, and enter credits applied before this credit on line 3.
- Subtract line 3 from line 2 for line 4, entering 0 if the result is zero or less. Subtract line 5 from line 4 for line 6, entering 0 if line 5 exceeds line 4.
- Enter the smaller of line 1 or line 6 on line 7. Subtract line 7 from line 1 to find the carryforward on line 8.
Article 22 filers report the line 7 amount and code 630 on Form IT-201-ATT, line 6, or Form IT-203-ATT, line 7, or include the amount on Form IT-205, line 10. All other filers transfer the amount to their franchise tax return.
Common mistakes
- Claiming a new green building credit. The credit has expired; only carryforwards may be used.
- Completing this form for a partnership or New York S corporation. Partners and shareholders claim carryforwards on their own forms.
- Applying credits in the wrong order. Certain credits must be applied before the green building credit. Follow the ordering instructions for your filer type.
- Treating unused credit as refundable. It is not refundable, but excess credit may be carried forward.
- Using the credit to reduce tax below the applicable minimum tax or against the MTA surcharge. Neither is allowed.
- Leaving out the tax period. All filers must enter its beginning and ending dates.
Questions people ask
Can I claim a new green building credit for 2024?
No. The 2024 form states that the credit has expired. Only carryforwards may still be used.
Will I get a refund if my credit exceeds my tax?
No. The credit is not refundable. Excess credit may be carried over to following years.
How much of my carryforward can I use this year?
Enter the smaller of your carryover on line 1 or your credit limitation on line 6 on line 7. Line 8 shows the amount remaining to carry forward.
Can the credit offset the MTA surcharge?
No. The credit is not allowed against the metropolitan transportation business tax surcharge under Article 9, 9-A, or 33.
How is the carryover applied under Article 9?
It is first applied against the franchise tax imposed under section 183. Any excess is then applied against the franchise tax imposed under section 184.