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Form 8850 Carmel Indiana: What You Should Know

The Work Opportunity Tax Credit (ROTC), allows employers to give small, high-income individuals and/or families a tax credit for hiring qualified individuals for job-related activities. These activities may include performing services as an apprentice, trainee, or volunteer; serving as a business reference, teacher, or other education professional; or participating in a community project. For individuals who were issued a Form 8938, we have a summary of their wages, tips, tips-only, salary reduction (or wage increase), and other income. For individuals who were issued a Form 8938-B, the summary may also include, but is not limited to, the wages and tips or income earned by them as a teacher or a volunteer. WTO Work Opportunity Tax Credit (ROTC) — DOT.gov How do I apply for the ROTC? Use our website to request the form: (Rev. January 2014) To qualify for a work opportunity tax credit you must file Form 8453 in box 7 of form 1040 or Form 1040A. Also, for individuals issued Form 8938 or Form 8938-B, you must file Form 8453 in box 7 of Form 8938 or Form 8938-B.

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