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Level 2
April 22, 2020
Question

Entering form it-248, does anyone have any experience filling this for in? I am filling it in, but its not calculating properly. Line 7 add 50% more than allowed.

  • April 22, 2020
  • 1 reply
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1 reply

itonewbie
Level 15
April 22, 2020

IT-248 as in Claim for Empire State Film Production Credit?  Just took a quick look and see that Line 7 is a remainder of a subtraction, which doesn't fit your description you gave.

---------------------------------------------------------------------------------Still an AllStar
Level 2
April 22, 2020

Thanks for taking a look.  You are correct that its a remainder of line 5 from 6.  In this case line 6 = $0.  So the amount remains the same.