WORKERS WITH DISABILITIES EMPLOYMENT TAX CREDITS

WETC - was enacted to provide New York State employers an incentive to hire individuals with disabilities into the New York workforce. (This tax credit will not apply to the other target groups, only recipients of VESID and CBVH services.) It provides an additional incentive beyond that provided by the federal WOTC.

To be eligible an employee must:

have met the eligibility requirements for certification for the WOTC as a vocational rehabilitation referral and who are certified by NYS VESID or CBVH office.

worked on a full-time basis for at least 180 days or 400 hours during the year of qualifying wages;

have begun in employment on or after January 1, 1997.

The tax credit is 35% of the first $6,000 In qualified first year wages earned by the employee. This applies to services rendered during the one year period beginning with the day the employee begins work. However, if the federal WOTC is in effect, the amount of the credit is 35% of the first $6,000. In the qualified second year wages earned by the employee. The maximum amount of the credit is $2,100.

Click here to return to Financial Incentives for Employers

For further information regarding specifics contact the V.E.S.I.D. Marketing Representative @ (315) 423-1233.

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