In May 2019, Blue Corporation hired Camilla, Jolene, and Tyrone, all of whom are certified as long-term family assistance recipients.Each employee is paid $12,000 during 2019.
a.Compute Blue's work opportunity tax credits for 2019.
b.Assume that Blue pays total wages of $500,000 to its employees during 2019.How much may Blue claim as a wage deduction for 2019 if the work opportunity tax credit is claimed?

Question

Quizplus · Accepted Answer

The Answer of In May 2019, Blue Corporation hired Camilla, Jolene, and Tyrone, all of whom are certified as long-term family assistance recipients.Each employee is paid $12,000 during 2019.
a.Compute Blue's work opportunity tax credits for 2019.
b.Assume that Blue pays total wages of $500,000 to its employees during 2019.How much may Blue claim as a wage deduction for 2019 if the work opportunity tax credit is claimed?

In May 2019, Blue Corporation Hired Camilla, Jolene, and Tyrone