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The goal of the
Work Opportunity Tax Credit is to reward employers who
contribute to the well being of Nevada’s workforce by hiring
individuals who may have a difficult time finding
employment. Through the program, employers who hire people
from certain target groups can earn tax credits. It’s a
simple process, with minimal paperwork on the employer’s
part. Additionally, employers continue to decide whom to
hire and employers can receive the tax savings on an
unlimited number of employees hired under the program.
Target
Groups to Qualify for theWork Opportunity Tax Credits
§
Short-term and Long-term Family Assistance Recipients
– member of a family that received Temporary Assistance for
Needy Families
§
Veterans
-- Veteran and member of a family that received food stamps
§
Disabled Veterans
-- receiving compensation for a service-connected disability
§
Vocational Rehabilitation Referrals
-- a disabled person who completed or is completing
rehabilitative services approved by a state or the U.S.
Department of Veteran Affairs --
WOTC
§
Ex-felons
§
Supplemental Security Income
(SSI recipients)
§
Ticket to Work –
Supplemental Security Income (SSI) or Social Security
Disability Income (SSDI) recipient who is a “Ticketholder”
§
Rural Renewal County (RRC) Resident
-- a resident who is between 18-39 years of age and resides
in Esmeralda, Lander or Mineral counties.
Who Doesn’t Qualify
§
No tax credit can be claimed for wages paid to relatives.
§
No tax credit can be claimed for federally subsidized
on-the-job training; however, wages paid after the subsidy
expires can qualify for the credits.
§
No individual that is a rehire of the employer requesting
the credit is eligible.
Applying for Work Opportunity Tax Credit Certification
Takes Three Simple Steps.
Employers must apply for and receive certification from the
Department of Employment, Training & Rehabilitation (DETR).
To apply for certification, employers must:
1.
Complete the two-page
IRS Form 8850,
“Pre-Screening Notice and Certification Request for the Work
Opportunity Tax Credits,” by the date of the job offer, and
2.
Complete the one-page U.S. Department of Labor, Individual
Characteristic Form -
ETA-9061
3.
Mail the signed IRS Form 8850 and the ETA 9061 form to their
state employment agency’s WOTC Coordinator. The envelope
must be POSTMARKED within 28 calendar days after the new
hire’s start date.
To obtain the
IRS Form 8850, ETA-9061,
or
an Employer Information Packet, contact DETR’s WOTC Coordinator
at the address below:
WOTC Coordinator
500 East Third Street
Carson City, NV 89713-0012
Phone (775) 684-0321
(775) 684-0301
Fax
(775) 687-1073 |
