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Massachusetts Form 8850: What You Should Know
The IS will be used by the employee to submit state income tax information. In most cases, the employee can claim deductions for up to 5,500 of business expenses related to attending the ROTC course. This can include expenses for a training course, tuition, and expenses such as uniforms, textbooks, classroom supplies, and more. A few exceptions exist where an employee can be unable to claim these expenses. These would include, but are not limited to, where there is a requirement that the employee attend at least 60% of the course time. For more information on how ROTC can fit into your business, visit MassWorkforce.
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How to complete a Massachusetts Form 8850?
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