CMS’s Brian Kelly answers your questions about the Work Opportunity Tax Credit.
Today’s WOTC Wednesday question: What is a Designated Community Resident?
CMS Responds: The Designated Community Resident falls under the HUD guidelines of federal Empowerment Zones and Rural Communities. The tax credit value is up to $2,400 if an employee actually lives in one of those designated community residences and they are between the ages of 18 and 39 years of age. So, if you have a person that’s in one of those respective areas that lives there, that’s all they have to do and that tax credit’s worth up to $2,400.
Related: Search the interactive Empowerment Zones, Enterprise Zones, Rural Renewal Counties Map
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