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Form 5884 OMB No. 15450219 Work Opportunity Credit Department of the Treasury Internal Revenue Service 2002 Attachment Sequence No. Attach to your tax return. Name(s) shown on return Part I 1 77 Identifying

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What is form 5884 work opportunity?

Form 5884 Work Opportunity Credit is used by employers to claim the Work Opportunity Tax Credit (WOTC) for hiring individuals from certain target groups who have consistently faced significant barriers to employment.

Who is required to file form 5884 work opportunity?

Employers who have hired individuals from the designated target groups and want to claim the Work Opportunity Tax Credit are required to file Form 5884.

How to fill out form 5884 work opportunity?

To fill out Form 5884, employers will need to provide information about the employee hired, the targeted group they belong to, the number of hours worked, and any wages paid to the employee during the employment period.

What is the purpose of form 5884 work opportunity?

The purpose of Form 5884 is to allow employers to claim the Work Opportunity Tax Credit for hiring individuals from targeted groups and to help incentivize the employment of individuals who normally face barriers to finding work.

What information must be reported on form 5884 work opportunity?

Employers must report information about the employee hired, including their name, social security number, targeted group they belong to, hours worked, and wages paid during the employment period.

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