Welfare to Work Tax Credit Information

Submitted by superadmin on Thu, 12/29/2022 - 11:57pm
Definition
Programs that provide information and guidance for employers who have hired one or more long-term welfare recipients who may be eligible for a tax credit when they file their business returns with the IRS. Employers may receive a credit of up to $3,500 (35% of the first $10,000 of wages) in the first year of employment and $5,000 (50% of the first $10,000 in the second year). Also included are organizations that issue the tax credits.
URL Name
DT-8700-1000-900
Third Level Code
DT-8700
Taxonomy Code
DT-8700.1000-900
Parent Code
DT-8700.1000
Family Code
D
Second Level Code
DT
Fifth Level Code
DT-8700-1000-900
Fourth Level Code
DT-8700-1000
Use References
Welfare to Work Tax Credits
Publication Status
Draft