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February 13, 2024 Last Edit: July 21, 2024
The Farm Employer Overtime Credit is a refundable tax credit available for eligible farm employers who pay overtime wages after January 1st, 2024, based on the gradual phase-in of the overtime threshold in New York State.
The Farm Employer Overtime Credit is a refundable tax credit available for eligible farm employers who pay overtime wages after January 1st, 2024, based on the gradual phase-in of the overtime threshold in New York State. Farmers can apply for this refundable credit if they or their business are an eligible farmer; and employ eligible farm employees that were paid eligible overtime.
For more information, and a user guide to assist farmers with preparatory steps for this Refundable Tax Credit, please visit:
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