Question
Velma, 37, is a target group member for the Work Opportunity Tax Credit (WOTC). In 2022, she was hired and worked 200 hours, earning $3,500.
Velma, 37, is a target group member for the Work Opportunity Tax Credit (WOTC). In 2022, she was hired and worked 200 hours, earning $3,500. What is the amount of the WOTC credit her employer can claim for Velma?
$750
$875
$1,400
$1,500
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Accounting An Introduction
Authors: Eddie McLaney, Peter Atrill
2nd Edition
0273655507, 978-0273655503
