WOTC Wednesday: How Far Back Can We Go With the Work Opportunity Tax Credit?

CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit.

Today’s WOTC Wednesday question: How Far Back Can We Go With the Work Opportunity Tax Credit?

CMS Responds: The WOTC tax credits are actually under the General Business taxation law so you can actually carry back those tax credits for up to one year, and if you want to you can actually carry them forward for up to twenty years.

 

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