Farm workforce retention credit
Who is eligible?
You are entitled to this refundable credit for tax years beginning on or after January 1, 2017, and before January 1, 2026, if you:
- are a farm employer or an owner of a farm employer, and
- have an eligible farm employee (employed at least 500 hours).
How much is the credit?
The farm workforce retention credit is equal to a fixed dollar amount per eligible farm employee. The credit amount per eligible farm employee by tax year is shown in the table below:
| Tax years beginning on or after | Credit amount per eligible farm employee |
|---|---|
| January 1, 2017, and before January 1, 2018 | $250 |
| January 1, 2018, and before January 1, 2019 | $300 |
| January 1, 2019, and before January 1, 2020 | $500 |
| January 1, 2020, and before January 1, 2021 | $400 |
| January 1, 2021, and before January 1, 2022 | $600 |
| January 1, 2022, and before January 1, 2026 | $1,200 |
You cannot use any farm employees used in the computation of this credit to claim any other tax credit except for the farm employer overtime credit.
Additional information
- TSB-M-16(7)C, (5)I, Farm Workforce Retention Credit
- Form CT-647, Farm Workforce Retention Credit, and its instructions (for corporations)
- Form IT-647, Farm Workforce Retention Credit, and its instructions (for all others)
To learn about other New York State tax credits available to businesses, see Business incentives.
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