IT-241: Claim for Clean Heating Fuel Credit (2025)
New York · NY DTF · Used for tax years 2025
Form IT-241 is used to claim New York’s clean heating fuel credit. It reports eligible bioheating fuel purchases, calculates the credit, and accounts for shares of the credit received from partnerships, New York S corporations, estates, or trusts.
Who files this form
Form IT-241 is used to claim the clean heating fuel credit. The 2025 form includes sections for:
- Individuals, including sole proprietors, partnerships, and estates or trusts.
- Partners, New York S corporation shareholders, and beneficiaries who received a share of the credit from an entity.
The form refers to instructions for more details, but those instructions are not available in the supplied text.
What you'll need
Have the information needed for the parts you complete:
- Your name and identifying number as shown on your return.
- Purchase dates, gallons of bioheating fuel eligible for the credit, and the biodiesel percentage per gallon.
- If you received a share of the credit: each entity’s name, type, employer identification number, and your share of the credit. Beneficiaries use the amount from the fiduciary’s Form IT-241, Part 4, column C.
- For fiduciaries: beneficiaries’ names as shown on Form IT-205, Schedule C, identifying numbers, and credit shares.
- For fiscal-year filers: the beginning and ending dates of the tax period.
How to file
Submit Form IT-241 with Form IT-201, IT-203, IT-204, or IT-205.
The supplied form does not give a mailing address or e-filing directions.
Common mistakes
Follow these reminders printed on the form:
- Enter the biodiesel percentage in Part 1, column C, as a decimal, at least .06 and no more than .20.
- In Part 2, enter information for each entity from which you received a share of the credit. Use P for a partnership, S for an S corporation, or ET for an estate or trust.
- Fiduciaries must include the line 2 and line 6 amounts on the Total line of Part 4, column C. All others carry line 2 to line 7 and line 6 to line 8.
- Submit IT-241 with one of the returns listed on the form.
Questions people ask
How do I calculate the credit in Part 1?
Multiply the eligible gallons in column B by the biodiesel decimal in column C. Enter the result in column D. On line 2, add the column D amounts, including any amount on line 1 from additional forms.
Where do I report credit received from an entity?
Complete the entity information in Part 2. In Part 3, enter your partnership share on line 3, S corporation share on line 4, and beneficiary share on line 5. Add them on line 6.
What if I need additional forms for my purchases?
Enter the total of the column D amounts from additional forms on line 1, and include that amount in the line 2 total.
How is the total credit calculated in Part 5?
Line 10 is the total of lines 7, 8, and 9. These lines cover the individual or partnership amount, credit received as a partner, shareholder, or beneficiary, and the fiduciary’s share, respectively.