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Work Opportunity and. S. Department of LaborWelfaretoWork Tax CreditsEmployment & Training Administration OMB No. 12050371 1. NAME OF INDIVIDUALAgency Declaration of Verification Results (OPTIONAL)2.
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Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers who hire individuals from certain target groups who have consistently faced significant barriers to employment.
Employers who hire individuals from the target groups eligible for the Work Opportunity Tax Credit are required to file the Work Opportunity andu.
Employers can fill out the Work Opportunity andu by providing information about the newly hired employee and verifying their eligibility for the tax credit.
The purpose of the Work Opportunity andu is to provide a tax credit to employers who hire individuals from specific target groups, thereby encouraging the hiring of individuals facing barriers to employment.
Employers must report information about the newly hired employee's eligibility for the Work Opportunity Tax Credit, including details about the target group they belong to.
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