IT-665: Newspaper and Broadcast Media Jobs Credit (2025)
New York · NY DTF · Used for tax years 2025
Form IT-665 is used to claim New York’s Newspaper and Broadcast Media Jobs Credit. It reports credit from a certificate or a share received as a partner, S corporation shareholder, or beneficiary, and calculates the available credit after any recapture.
Who files this form
Form IT-665 is used to claim the newspaper and broadcast media jobs credit. It includes sections for:
- Individuals, including sole proprietors, partnerships, and estates or trusts that earned the credit.
- Partners, S corporation shareholders, and beneficiaries receiving a share of the credit.
All filers must complete line A to indicate whether they earned the credit directly or received a share of it.
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, employer identification number (EIN), and certificate number.
- Your name and identifying number as shown on your tax return.
- If you received a share of the credit, the share amount and allocation year.
- If you received the credit through an entity other than the one listed on the certificate, that entity’s name, identifying number, and type.
- For a fiduciary allocating credit to beneficiaries, each beneficiary’s name, identifying number, and share of the credit. Names must match Form IT-205, Schedule C.
How to file
Submit Form IT-665 with Form IT-201, IT-203, IT-204, or IT-205. Include a copy of the credit certificate and submit a separate Form IT-665 for each certificate issued by Empire State Development.
Complete line A, then follow the applicable path:
- Yes: Complete lines B through D and Schedules A and D. A fiduciary also completes Schedule C.
- No: Complete lines B through E and Schedules B and D. A fiduciary also completes Schedule C.
Schedule D combines the credit amounts, subtracts any recapture on line 14, and shows the total available credit on line 15.
The supplied form does not provide a mailing address or e-filing directions.
Common mistakes
- Leaving line A blank. All filers must complete it.
- Using one form for multiple certificates. The form requires a separate IT-665 for each certificate issued by Empire State Development.
- Omitting the certificate copy. Submit a copy with your return.
- Skipping Schedule C as a fiduciary. Fiduciaries must also complete Schedule C under either line A answer.
- Leaving out an intermediary entity’s details. If you marked No on line A and received your share from an entity other than the one on the certificate, provide that entity’s name, identifying number, and type.
Questions people ask
Do I need a separate form for each certificate?
Yes. Submit a separate Form IT-665 for each certificate issued by Empire State Development, and include a copy of the certificate with your return.
Where do I report a credit I earned directly?
Schedule A, line 1, is for the credit from your certificate. Line 2 includes the line 1 totals from additional Forms IT-665, and line 3 adds those amounts.
Where do I report a share of the credit I received?
Use Schedule B. Enter your share on line 4 and the line 4 totals from additional Forms IT-665 on line 5. Add them on line 6.
What if the entity that gave me my share is not the entity on the certificate?
If you marked No on line A, provide the name, identifying number, and type of the entity you received the credit from. Use P for partnership, S for New York S corporation, or ET for estate or trust.
How is the total available credit calculated?
In Schedule D, add lines 10, 11, and 12 to get the total credit on line 13. Subtract the recapture on line 14 to get the total available credit on line 15.