New York State Department of Taxation and Finance
IT-255
Claim for Solar Energy System
Equipment Credit
Submit this form with Form IT-201 or Form IT-203.
Name(s) as shown on return
Your social security number
A Does the solar energy system use solar radiation to produce energy for heating, cooling,
hot water, or electricity for residential use? .................................................................................................. Yes
No
If No, stop; you do not qualify for the solar energy system equipment credit.
If Yes, see instructions and continue with Schedule A below.
Schedule A – Computation of solar energy system equipment credit
Complete the information in the applicable chart with respect to your solar energy system equipment.
A
B
C
Date equipment
Qualified solar energy system
Column B x 25% (.25)
placed in service
equipment expenditures
(mm-dd-yyyy)
(see instr.)
Purchase
00
00
.
.
A
B
C
D
Date equipment
Qualified solar energy system
Column B x 25% (.25)
Limitation
Power
placed in service
equipment expenditures
(mm-dd-yyyy)
(see instr.)
(see instructions)
purchase
agreement
00
00
00
.
.
.
A
B
C
D
E
Date equipment placed
Qualified solar energy system
Column B x 25% (.25) not to
Amount from column B
Limitation
in service
equipment expenditures
exceed $5000
paid in 2014
(mm-dd-yyyy)
(see instr.)
(see instructions)
Lease
00
00
00
00
.
.
.
.
1 Current year credit
.....................................................................................................
00
.
1
(see instructions.)
2 Enter the carryover credit from last year’s Form IT-255, line 10 ..........................................................
00
.
2
3 Solar energy system equipment credit
.....................................................................
00
.
3
(add lines 1 and 2)
Schedule B – Application of credit and computation of carryover
4 Tax due before credits
................................................................................................
00
.
4
(see instructions)
5 Other credits that you applied before this credit
........................................................
00
.
5
(see instructions)
6 Subtract line 5 from line 4 ....................................................................................................................
00
.
6
7 Enter the lesser of line 3 (or your portion of line 3) or line 6
......................................
00
.
7
(see instructions)
8 Subtract line 7 from line 3
........................................................
00
.
8
(or your portion of line 3; see instructions)
9 Amount, if any, included on line 8 that expired this tax year
......................................
00
.
9
(see instructions)
10 Amount of credit available for carryover to next year
................................... 10
00
.
(subtract line 9 from line 8)
255001140094