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your question????
What is
it?
Who is in the targeted groups?
How does it apply to persons with disabilities?
An Iowa Vocational Rehabilitation Services referral is
certified by:
Who is eligible?
What is the amount?
What are the
Minimum Employment Requirements?
What agency provides the WOTC
certification?
How do I file for this credit?
Where can I obtain additional
information?
What is it?
The Work Opportunity Tax Credit (WOTC), which replaces the
Targeted Jobs Tax Credit (TJTC) program, provides a tax
credit for employers who hire certain targeted groups.
Who is in the targeted
groups? Low-income, vocational
rehabilitation referrals, former AFDC recipients, veterans,
ex-felons, food stamp recipients, summer youth employee, and
SSI recipients. Click for
detailed information
How does it apply to
persons with disabilities?
Employers that hire individuals who are SSI recipients or
certified vocational rehabilitation (VR), State agency,
Employment Network, or U.S. Department of Veterans Affairs referrals and meet
all of the criteria described below may claim the WOTC.
Employers that hire individuals who received Social Security
Disability Insurance and have a Ticket to Work assigned to
an Employment Network may also claim the WOTC.
-
having a physical or
mental disability resulting in a barrier to employment,
and
-
referred to an
employer upon completion of or while receiving
rehabilitative services, pursuant to the Vocational
Rehabilitation Act of 1973, as amended.
-
signed employment plan with a state
agency, Employment Network, U.S. Department of Veterans
Affairs.
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An Iowa Vocational
Rehabilitation Services referral is certified by:
Iowa SESA
Ms. Jeanne Sorensen-Wright
Workforce Development Administrative Center
430 E Grand Ave., Room 336, Des Moines, IA 50309
Who is eligible?
All businesses are eligible.
What is the amount?
An employer may take a tax credit
of up to 40% of the first $6,000, or up to $2,400, in wages
paid during the first 12 months for each new hire.
What are the Minimum
Employment Requirements? Eligible
employees must work 180 days or 400 hours; summer youth must
work 20 days or 120 hours. A partial credit of 25% for
certified employees who worked at least 120, but less than
400 hours may be claimed by the employer.
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What agency provides
the WOTC certification?
Iowa SESA
Ms. Jeanne Sorensen-Wright
Workforce Development Administrative Center
430 E Grand Avenue, Room 336
Des Moines, IA 50309
515-281-9010
How do I file for this credit?
Employers must apply for and
receive certification from their State Employment Security
Agency (SESA) that their new hire is a long-term family
assistance recipient or member of one of the WOTC target
groups before they can claim the Work Opportunity Tax Credit
on their federal tax return.
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-
Complete and submit
IRS
Form 8850, Prescreening Notice and Certification
Request for the Work Opportunity to the above agency by
the date of job offer, and
-
Complete one of the following
one-page U.S. Department of Labor forms, as
appropriate:
ETA Form 9061, "Individual Characteristics
Form," if the new hire has not been given a conditional
certification, or
ETA
Form 9062,
"Conditional Certification Form, "if provided to the
job seeker by a participating agency such as the
Vocational Rehabilitation agencies or the SESA/SWA,
signed employment plan with a state agency, Employment
Network, U.S. Department of Veterans Affairs
and
-
Mail the signed and dated IRS and ETA
forms to the State Workforce Agency's WOTC Coordinator,
Jeanne Sorenson-Wright, no later than 28 days
after the new hire's employment-start date.
For your convenience, the forms are available as
follows:
Where can I obtain additional
information?
Office of Chief Counsel, IRS
1111Constitution Avenue,
NW
Washington, DC 20224
(202)622-3110
800-829-1040(voice) or 800-829-4059TTY
or
Iowa SESA
Ms. Jeanne Sorensen-Wright
Workforce
Development Administrative Center
430 E Grand Ave., Room
336
Des Moines, IA 50319
515-281-9010
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