Employers that employ students in New York State who are least 16 but not yet 20 years of age and are paid at the New York minimum wage rate may be entitled to a refundable tax credit if the student was employed for tax years beginning on or after January 1, 2014, and before January 1, 2019.

Please refer to https://www.tax.ny.gov/pit/credits/minimum_wage_credit.htm for additional information on this tax credit.