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Exercise 13-14 (Algorithmic) (LO. 3) During 2021, Lincoln Company hires 29 individuals who are certified to be members of a qualifying targeted group. Each employee
Exercise 13-14 (Algorithmic) (LO. 3) During 2021, Lincoln Company hires 29 individuals who are certified to be members of a qualifying targeted group. Each employee works in excess of 600 hours and is paid wages of $10,600 during the year. Determine the amount of Lincoln's work opportunity credit. 12,000 XX Feedback Check My Work The work opportunity tax credit was enacted to encourage employers to hire individuals from one or more of a number of targeted economically disadvantaged groups
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