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New York Tax Credit Codes

Updated over a month ago

Code

Description

AP Usage**

PR Usage

F1

Qualified NYC Facility/Stage

Use for qualified facility in NYC.

Use for qualified facility payroll in NYC.

F2

Qualified NYS Facility/Stage

Use for qualified facility costs in NYS (Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester counties).

Use for qualified facility payroll in NYS (Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester counties).

F3

Qualified Facility- Labor Update

Use for qualified facility costs in Upstate NY (outside of New York City, Cutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester counties).

Use for qualified facility payroll in Upstate NY (outside of New York City, Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester counties).

L1

Qualified NYC Location

Use for qualified costs in NYC.

Use for qualified payroll in NYC.

L2

Qualified NYS Location

Use for qualified costs in NYS (Duchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester counties).

Use for qualified payroll in NYS (Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester counties).

L3

Qualified Locaiton- Upstate Labor

Use for qualified costs in Upstate NY (outside of New York City, Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester counties).

Use for qualified payroll in Upstate NY (outside of New York City, Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester counties).

OF

Outside NYS Facility- Non-Qualified

Use for non-qualifying costs incurred outside of NYS, that would have been qualified if in NYS.

Use for non-qualifying payroll incurred outside of NYS, that would have been qualified if in NYS.

OL

Outside NYC Location- Non-Qualified

Use for non-qualifying costs incurred outside of NYC, that would have been qualified if in NYC.

Use for non-qualifying payroll incurred outside of NYC, that would have been qualified if in NYC.

XS

Non-Qualified in NYS

Use for non-qualifying costs in NY.

Use for non-qualifying payroll positions in NY.

**Refer to NYS listing of qualified production expenses.

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