Form It-255 - Claim For Solar Energy System Equipment Credit - 2011
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2IT-255
New York State Department of Taxation and Finance
Claim for Solar Energy System
Equipment Credit
Complete Schedule A and Schedule B. Attach this form to Form IT-201 or Form IT-203.
Name(s) as shown on return
Your social security number
Schedule A — Computation of solar energy system equipment credit
A
B
C
Date equipment
Qualified solar energy system
Multiply column B by 25% ( .25 )
placed in service
equipment expenditures
( mm-dd-yyyy )
( see instructions )
1 Enter the lesser of column C or $5,000
( If more than one member of your principal residence is filing
..............................................................................................................
1.
Form IT-255, see instructions.)
2 Enter the carryover credit from last year’s Form IT-255, line 10 ..........................................................
2.
3 Solar energy system equipment credit
3.
.....................................................................
( add lines 1 and 2 )
Schedule B — Application of credit and computation of carryover
4 Tax due before credits
4.
...............................................................................................
( see instructions )
5 Other credits that you applied before this credit
......................................................
5.
( see instructions )
6 Subtract line 5 from line 4 ...................................................................................................................
6.
7 Enter the lesser of line 3 (or your portion of line 3) or line 6
7.
......................................
( see instructions )
8 Subtract line 7 from line 3
.......................................................
8.
( or your portion of line 3; see instructions )
9 Amount, if any, included on line 8 that expired this tax year
9.
.....................................
( see instructions )
10 Amount of credit available for carryover to next year
.................................. 10.
( subtract line 9 from line 8 )
Instructions
Temporary deferral of certain tax credits
If you are subject to the credit deferral, you must complete all credit
forms without regard to the deferral. However, the credit amount that
For tax years beginning on or after January 1, 2010, and before
is transferred to your tax return to be applied against your tax due
January 1, 2013, if the total amount of certain credits that you may use
or to be refunded to you may be reduced. Follow the instructions for
to reduce your tax or have refunded to you is greater than $2 million, the
Form IT-500 to determine the amounts to enter on your tax return.
excess over $2 million must be deferred to, and used or refunded in, tax
years beginning on or after January 1, 2013. For more information about
the credit deferral, see Form IT-500, Income Tax Credit Deferral.
2551110094
Please file this original scannable credit form with the Tax Department.
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