| State: |
UT |
| Incentive Type: |
Income/Franchise Tax Incentives and Credits |
| Incentive Title: |
Jobs Credits |
| Description: |
Targeted Jobs Credit: Employers may take a tax credit of 10 percent of an eligible disabled employee gross wage earned in the first six months of employment, plus 20 percent of the gross wages earned by the disabled employee in the remainder of the taxable year. The credit may be taken up to $3,000 annually for each disabled employee, for the first two years of the disabled person’s employment.
|
| Eligibility Requirements: |
The law restricts the tax credit only to wages paid to disabled employees who qualify under one of the following two requirements. The employee either must: 1) Have been receiving services from a qualified day-training program for people with disabilities at least six months prior to employment, OR, 2) Have been eligible for services from the State Division of Services for People with Disabilities at the time the employee is hired. The law requires the disabled employee to work in Utah for the employer for at least six months within a taxable year, and to be paid at least minimum wage.
|
| Geographic Restrictions: |
Statewide |
| Granting Authority: |
Division of Services for People with Disabilities |
|
|
