Work Opportunity Tax Credit (WOTC) for Employers Hiring Certain Qualified Social Security Beneficiaries

The [WOTC][1] is a tax credit incentive for private sector employers who hire certain individuals, including participants in the Ticket to Work program. Explains the rules for employers and which Social Security beneficiaries will qualify employers for the WOTC. Note that this tax credit may also apply to hiring Veterans, SNAP (food stamp) recipients and other potential hires. The credit can be as much as $9,000 for each new long-term [TANF][2] recipient hired over a 2-year period.

[1]: http://www.doleta.gov/business/incentives/opptax/PDF/WOTC_Fact_Sheet.pdf
[2]: http://www.acf.hhs.gov/programs/ofa/tanf/about.html

URL: http://www.socialsecurity.gov/work/wotc.html