AED Tax Credit in New York State

Thursday, November 03, 2011

You’re entitled to this nonrefundable credit if:

• You or your business purchased an automated external defibrillator(s) (other than for resale) during the tax year.

How much is the credit?

• The credit is equal to the purchase cost of the unit, or $500, whichever is less.
• You may claim the credit for any number of units that you or your business purchased during the tax year. However, the credit cannot exceed $500 for each unit.