New York S03468 provides a personal income tax credit for volunteer firefighters who become training instructors.

New York S03468 amends the tax law to offer a credit against personal income tax for volunteer firefighters who meet the qualifications to become training instructors. The credit amount is set at $500 or the total tax owed by the taxpayer, whichever is lower. This provision applies to taxable years beginning on and after January 1, 2025.

New York S03468 provides a personal income tax credit for volunteer firefighters who become training instructors.

New York S03468 amends the tax law to offer a credit against personal income tax for volunteer firefighters who meet the qualifications to become training instructors. The credit amount is set at $500 or the total tax owed by the taxpayer, whichever is lower. This provision applies to taxable years beginning on and after January 1, 2025.