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EMPLOYMENT TAX CREDIT Part II - Distribution of credit to owners, members or partners, if the employer files a partnership return. An owner, member or partner (owners) may be allocated the right to claim a veterans employment tax credit in proportion to its ownership interest if the taxpayer owns an interest in a business entity that is taxed for federal income tax purposes as a partnership. To allocate the credit to the owners of the business entity qualifying for the credit, complete the follo.

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