The following NYS tax credits are available to qualifying New York taxpayers.
Long Term Care Insurance Credit
New York allows eligible taxpayers to claim 20% of the premiums paid during the tax year for a qualifying long-term care insurance policy.
Volunteer Firefighters and Ambulance Workers Credit
Taxpayers are entitled to claim this credit if you:
- were an active volunteer firefighter or volunteer ambulance worker, and
- were a resident of New York State.
College Tuition Credit
To determine your eligibility to claim this credit, please refer to the question below:
Did you or your spouse or your dependent(s) pay college tuition expenses during 2024?
- If you answered NO, you are not eligible to claim this credit.
- If you answered YES, and you did not claim the college tuition deduction on Form IT-196, complete Form IT-272 to determine your credit amount.
- The credit is limited to $400 per eligible student. For full-year New York state residents only, not available for part-year or nonresidents.
Noncustodial Parent New York State Earned Income Credit (EIC)
To determine your eligibility to claim this credit, please refer to the question below:
Did you make child support payments payable through New York State Support Collection Unit?
- If you answered NO, you are not eligible to claim this credit.
- If you answered YES, please refer to the instructions for Form IT-209 to determine if you qualify for this credit.
Real Property Tax Credit
To be eligible to claim this credit, you must meet all of the following conditions for the 2024 tax year:
- Your household gross income was $18,000 or less.
- You occupied the same New York residence for six months or more.
- You were a New York State resident for all of 2024.
- You could not be claimed as a dependent on another taxpayer's federal income tax return.
- Your residence was not completely exempted from real property taxes.
- The current market value of all real property you owned, such as houses, garages, and land, was $85,000 or less.
- You must also meet all the conditions listed under either Homeowners or Renters below:
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Homeowners:
- You or your spouse paid real property taxes.
- Any rent you received for nonresidential use of your residence was 20% or less of the total rent you received.
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Renters:
- You or a member of your household paid rent for your residence.
- The average monthly rent you and other members of your household paid was $450 or less, not counting charges for heat, gas, electricity, furnishings, or board.
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Homeowners:
Credit for Taxes Paid to a Province of Canada
Eligible taxpayers qualify for this credit if you:
- you were a full-year or part-year resident of New York State; and
- you had income sourced to and taxed by another state, a local government within another state, the District of Columbia, or a Canadian province
NY Investment Credit
You may be eligible for this credit if you or your business placed qualified property into service during the tax year. It can be claimed only in the year that the property is placed in service and may be carried over for the following 10 years for any unused portion.
NY Farmers School Tax Credit
If you engaged in the business of farming and paid school district property taxes on qualified agricultural property during the tax year, you may be eligible to claim this credit.
Clean Heating Fuel Credit
Taxpayers may be eligible to claim this credit if you purchased bioheating fuel to be used for space heating or hot water production for residential purposes within New York State.
STAR Credit Advance Payment Reconciliation
You may be able to claim a credit to reconcile a difference in the amount of School Tax Relief Advance payment and the amount that you were actually entitled to. The state will issue a notice if reconciliation is needed. This can be claimed on your tax return or you can wait and the state will adjust and include on your next STAR credit advance payment.
Solar Energy System Credit
Taxpayers may be eligible to claim 25% of their qualified solar energy system equipment expenditures (limit of $5000) with this credit if you:
- purchased solar energy system equipment,
- entered into a written agreement for the lease of solar energy system equipment, or
- entered into a written agreement that spans at least ten years for the purchase of power generated by solar energy system equipment not owned by you.
- the solar energy system must be used for residential use in New York State, installed and used at your principal residence.
Claim for Nursing Home Assessment Credit
If you paid the nursing home assessment imposed on a New York State nursing home, you may be eligible to claim this credit.
Pass-Through Entity Tax Credit
You may be eligible to claim the PTET (Pass-Through Entity Tax Credit) beginning January 1, 2021 or the NYC PTET credit, beginning January 1, 2022. Among other qualifications, you would need to be a direct partner of an entity which paid the PTET due and you received documentation from the entity indicating the specific PTET amount. For more information, see the link provided below.
Restaurant Return-to-Work Credit (2021 returns only)
You may be entitled to this credit on your 2021 NY state return if your small business:
- is a New York State restaurant that suffered economic harm as a result of the COVID-19 pandemic, and
- has demonstrated a net employee increase, and
- applied for and received a certificate of tax credit from Empire State Development (E
NYS Household Credit
You can claim the New York State Household Credit if your income is under a certain limit and you are not claimed as a dependent on someone else's return. To claim the credit on a single return, your federal AGI must not exceed $28,000, or $32,000 for MFJ.
NYC Household Credit
You can claim the New York City Household Credit if your income is under a certain limit and you are not claimed as a dependent on someone else's return. To claim the credit on a single return, your federal AGI must not exceed $12,500, or $22,500 for MFJ. Full-year and part-year residents of New York City are eligible.
Empire State Child Credit (IT-213)
For 2025, New York has decoupled from the federal child tax credit, meaning you no longer need to have filed for federal Child Tax Credit to be eligible. The New York state credit is $1000 per qualifying child under four and $330 for each qualifying child at least age 4 and less than 17. There are income limitations for eligibility.
Program Entry
- State Section
- Click 3 dots to Edit New York Return
- Credits