Targeted Jobs Tax Credits (TJTC)

A credit against the federal income tax is allowed to employers who hire pre-qualified individuals from certain targeted groups. The maximum credit per year is 40 percent of the first $6,000 in qualified wages ($2,400) for the first year of employment. There is a minimum employment period of 90 days or 120 hours of paid employment (whichever occurs first) before the employer can claim credit. The following are eligible targeted groups:
• Members of economically disadvantaged families who are youths, ages 18-22, qualified veterans, or qualified ex-felons
• Economically disadvantaged summer youths ages 16-17 who work a maximum of 90 consecutive days between May 1 and September 15
• High-Risk youth ages 18-24 who has his/her principal place of residence within an Empowerment Zone (EZ) or an Enterprise Community (EC)
• Recipients of general assistance payments • Recipients of Supplemental Security Income (SSI)
• Handicapped individuals or disabled veterans who have completed or are undergoing rehabilitative services
• Qualified IV-A, Recipients – this target group refers to any person who is certified by the Agency for Workforce Innovation as receiving or being a member of a family receiving Aid for Families with Dependent Children (AFDC) or Temporary Assistance to Needy Families (TANF) for any nine months during the 18 month period ending on the hire date.

Employees must be pre-qualified prior to hiring by the local Jobs ETC. (Employment and Training Center), an initiative of the Suncoast Workforce Board.

Jobs ETC
Sarasota 3660 North Washington Boulevard
Sarasota, FL 34234
941.358.4200
www.jobsetc.org

Jobs ETC
Venice 897 East Venice Ave.
Venice, FL 34292
941.486.2682
www.jobsetc.org

Agency for Workforce Innovation
Work Opportunity Tax Credit MSC #G-300
The Caldwell Building
107 East Madison Street
Tallahassee, FL 32399-4140
850.921.3299
www.floridajobs.org/wotc