Work Opportunity Tax Credit
(WOTC) - Earn up to a $2,400 Federal tax credit per qualified individual
hired through the WOTC administered by the Connecticut Department of Labor
(DOL) Work Opportunity Tax Credit Unit.
Tax Credit (EITC)
and Advance Earned
Income Tax Credit (AEITC)
- To help low-income individuals meet
expenses, the Federal government has established the EITC. Eligible workers may
receive these tax credits in the form of larger tax refunds after filing their
Federal income tax returns. The AEITC is simply an offshoot of the EITC which provides eligible workers
with portions of their tax credits in advance of filing their Federal income tax returns. These "advanced"
credits result in larger paychecks throughout the year, yet still provide tax refunds after filing Federal income tax returns.
2. Qualified Workers
Hire workers who may have had
training in life management skills, occupational skills, and job retention
skills as well as received employment planning assistance and access to
200 Folly Brook Boulevard, Wethersfield, CT 06109 / Phone: 860-263-6000
State of Connecticut