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Individual Characteristics Form (ICF) Work Opportunity Tax Credit 1. Numero de Control (Para uso deU.S. Department of Labor SPANISH VERSIONEmployment and Training Administration OMB Control No. 12050371 Fecha.
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Veterano FAQ
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The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring and employing individuals from certain targeted groups who have faced significant barriers to employment.
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The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers who invest in American job seekers who have consistently faced barriers to employment.
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Is participation in the Work Opportunity Tax Credit program mandatory? The Work Opportunity Tax Credit is a voluntary program. As such, employers are not obligated to recruit WOTC-eligible applicants and job applicants don't have to complete the WOTC eligibility questionnaire.
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The WOTC has two purposes: Promote the hiring of individuals who qualify as a member of a target group. Provide a federal tax credit of up to $9,600 to employers who hire these individuals.
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The Work Opportunity Tax Credit (WOTC) can help you get a job. If you are in one of the “target groups” listed below, an employer who hires you could receive a federal tax credit of up to $9,600. This tax credit may give the employer the incentive to hire you for the job.
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