Credit for Employees in the Aerospace Sector

[zcindy9075]

If I only worked in the Aerospace Sector for 8 months in OK, am qualified for the "Credit for Employees in the Aerospace Sector". If yes, how much credit could I have?

[MaryK4 · Accepted solution]

Yes, you can qualify for the Credit for Employees in the Aerospace Sector if you only worked 8 months.  The maximum amount of the credit is $5,000.

[zcindy9075]

I actually only worked there less than 8 months (7.5 months), am I still eligible? What is the minimum number of months I have to work in OK in order to be eligible for this credit?

[JohnW152 · Accepted solution]

Yes, you are still eligible.  There is no minimum number of months specified either by the instructions in Form 564, Credit for Employees in the Aerospace Sector or Oklahoma statutes. 

See 68 OK Stat § 2357.301 (2023), 68 OK Stat § 2357.304 (2023) and Rule 710:50-15-109.

@zcindy9075