New York emerging technology employment credit
Tax credit
Agency: New York State Department of Taxation and Finance. Agency source
This directory is not tax advice. Confirm eligibility, tax-year rules, deadlines and filing requirements with a tax professional.
Check program requirements [New York City official guide to the state QETC employment credit]
- Who qualifies
- New York emerging-technology companies with annual product sales of $10 million or less, meeting a listed technology or research-intensity test and increasing employment by at least 1%. [New York City official guide to the state QETC employment credit]
- What it’s worth
- The official guide describes approximately $1,000 per new employee, available for three years while eligibility continues. [New York City official guide to the state QETC employment credit]
- How to claim
- Use Form DTF-621 and the linked claim instructions. [New York City official guide to the state QETC employment credit]
- Deadlines and application windows
- Three-year eligibility period; the overview does not state a separate application window. Confirm return deadlines for your tax year. [New York City official guide to the state QETC employment credit]
Amounts are subject to the conditions in each listing. A source review does not mean applications are open or that a business qualifies.
Official sources
Listing reviewed