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Department of Taxation and FinanceAlternative Fuels and Electric Vehicle Recharging Property CreditIT637Tax Law Article 22, Section 606(p)Submit this form with Form IT201, IT203, IT204, or IT205 (see
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Form IT-637 is a form used for reporting information on transactions involving foreign trusts.
Individuals or entities who have transactions involving foreign trusts are required to file form IT-637.
Form IT-637 can be filled out by providing information about the foreign trust, the transactions involved, and any income generated from those transactions.
The purpose of form IT-637 is to report information on transactions involving foreign trusts to the appropriate tax authorities.
Information such as details of the foreign trust, the nature of transactions involved, and any income generated from those transactions must be reported on form IT-637.
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