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  • Georgia Retraining Tax Credit Completion Form

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Technical College System of Georgia Georgia Retraining Tax Credit Completion Form Tax year ending: Name of training program: Complete this form and submit to the Vice President of Economic Development.

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The Georgia Entertainment Industry Investment Act grants an income tax credit of 20% to qualified productions which include feature films, television movies or series, documentaries, commercials, and music video projects.

Code Section 48-7-40.5 authorizes tax credits for employee retraining programs.

Retraining tax credits enable Georgia businesses to offset their investment in employees. Whether retraining workers to use new equipment or new technology or upgrading the company's competitiveness with ISO 9000 training, companies can afford more training, more often, thanks to Georgia's tax credit program.

How to apply for the Georgia film tax credit A project description. A script. Proof of funding (the project has assets that equal or exceed 75% of the total budgeted cost of the project at the time the you apply) Production company contact information. Key production personnel's contact information.

A Georgia taxpayer may purchase Georgia Entertainment Credits, generally for around $. 88 per credit, and apply them to their current year or future tax returns. Unused credits carryover for five years.

The Georgia Department of Labor (GDOL) coordinates the federal Work Opportunity Tax Credit Program (WOTC). This program provides employers financial incentives when hiring workers from targeted groups of job seekers by reducing an employer's federal income tax liability.

For 2021, under the Consolidated Appropriations Act, the credit is increased to 70% of qualified wages, up to $10,000, paid per quarter by an eligible employer whose business has been financially impacted by COVID-19. That results in a potential maximum credit of $19,000 per employee over the two years.

Any Georgian who was a full-year resident in 2020 and 2021 and who also filed a Georgia individual income tax return for 2020 and 2021 is eligible for the refund.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232