Get the free Form 5884 Work Opportunity Credit Attach to your return

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Form 5884 Work Opportunity Credit Attach to your return. OMB No. 1545-0219 Department of the Treasury Internal Revenue Service Attachment Sequence No. Identifying number 2000 77 Name(s) shown on return

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What is form 5884 work opportunity?

Form 5884 work opportunity is a tax form used to claim the work opportunity credit, which provides employers with a tax credit for hiring individuals from certain targeted groups.

Who is required to file form 5884 work opportunity?

Employers who have hired individuals from targeted groups and wish to claim the work opportunity credit are required to file form 5884 work opportunity.

How to fill out form 5884 work opportunity?

To fill out form 5884 work opportunity, you need to provide information about your business, the eligible employee(s) hired, and calculate the work opportunity credit. Specific instructions can be found on the IRS website or in the form's instructions.

What is the purpose of form 5884 work opportunity?

The purpose of form 5884 work opportunity is to allow employers to claim the work opportunity credit, which incentivizes the hiring of individuals from targeted groups who face employment challenges.

What information must be reported on form 5884 work opportunity?

On form 5884 work opportunity, you must report information such as the employer's name and EIN, the number of eligible employees hired, the targeted group they belong to, and the wages paid to them during the tax year.

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