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Exercise 12-12 (Algorithmle) (LO. 3) During 2020, Lincoln Company hires 25 individuals who are certified to be members of a qualifying targeted group. Each employee
Exercise 12-12 (Algorithmle) (LO. 3) During 2020, Lincoln Company hires 25 individuals who are certified to be members of a qualifying targeted group. Each employee warks in excess of 600 hours and is paid wages of 59,100 during the year. Determine the amount of uncoin's work opportunity credit. Eandbick. 8 creck Ny War. The work epportunity tax credit was enacted to encourage employers to hire individuals from one or mace of a number af targeted and ecanomically disadvantaged groups
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