IT-660: Empire State Digital Gaming Media Production Credit (2025)
New York · NY DTF · Used for tax years 2025
Form IT-660 calculates the New York Empire State Digital Gaming Media Production Credit. It reports certificate information, credits earned or received from another entity, and any allocation of credit between an estate or trust and its beneficiaries.
Who files this form
Form IT-660 is used to claim the Empire State digital gaming media production credit by:
- Individuals, including sole proprietors, partnerships, and estates or trusts that earned the credit.
- Partners, shareholders of New York S corporations, and beneficiaries of estates or trusts who received a share of the credit.
All filers must complete lines A through E.
What you'll need
Have the following available:
- Your Empire State Development certificate, including the entity name, EIN, certificate number, and allocation year. Submit a copy of the certificate with your return.
- The name and identifying number shown on your tax return.
- If you received a share of the credit: each entity’s name, type, EIN, and your share of the credit.
- If you are a fiduciary allocating credit to beneficiaries: each beneficiary’s name as shown on Form IT-205, Schedule C, identifying number, and share of the credit.
How to file
Submit Form IT-660 with Form IT-201, IT-203, IT-204, or IT-205. Include a copy of your certificate.
- Complete lines A through E. Use the certificate information for lines B through E.
- If you answer Yes on line A because you earned the credit directly, complete Schedules A and D. If you answer No, complete Schedules B and D. Fiduciaries also complete Schedule C.
- Complete a separate Form IT-660 for each certificate issued by Empire State Development.
- Calculate the credit in Schedule D. On line 12, partnerships enter line 11. All other filers enter the lesser of line 11 or $1,500,000.
The form does not provide a mailing address or e-file directions.
Common mistakes
- Leaving lines A through E incomplete. The form says all filers must complete them.
- Using one form for multiple certificates. Complete a separate Form IT-660 for each certificate.
- Omitting the certificate copy. Submit a copy with your return.
- Skipping Schedule C as a fiduciary. Fiduciaries must complete it whether they answer Yes or No on line A.
- Entering the wrong amount on line 12. Partnerships enter line 11; all other filers enter the lesser of line 11 or $1,500,000.
Questions people ask
What information goes on lines B through E?
Enter the entity name, entity EIN, certificate number, and allocation year from your certificate.
Which schedule do I use for credit received from another entity?
Use Schedule B for a share received as a partner, New York S corporation shareholder, or estate or trust beneficiary. List each entity’s name, type, EIN, and your share of the credit.
What entity codes do I use in Schedule B?
Enter P for a partnership, S for an S corporation, or ET for an estate or trust.
How does a fiduciary calculate the credit retained by the estate or trust?
In Schedule C, add lines 3 and 4 on line 5. Enter the total share allocated to beneficiaries on line 6. Subtract line 6 from line 5 to calculate the fiduciary’s share on line 7, then enter that amount on line 10.