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Get your taxes done using TurboTax
The WOTC has two purposes: To promote the hiring of individuals who qualify as a member of a target group. To provide a federal tax credit of up to $9,600 to employers who hire these individuals.
Aside from this...
Do employees benefit from WOTC?
Although the tax credit only applies to employers, the WOTC program may benefit employees by making career opportunities available to those who otherwise might have had a hard time landing a job. Such individuals include ex-felons, veterans and food stamp recipients.
I see no benefit.
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‎June 28, 2023
4:08 PM