New Georgia Job Tax Credit: Qualified Parolee

Written by Corporate Tax Incentives. Updated Dec 1, 2017.

atlanta-1584094_1920.jpgA new credit has been introduced to an already sizable list of credits offered by the State of GA.  The Georgia Qualified Parolee Jobs Tax Credit, effective January 1, 2017 – December 31, 2019, is an income tax credit available to employers who hire individuals who have recently been granted parole.

Here are some highlights of the new program:

  • Credit is equal to $2,500 for each qualified parolee
  • Credit is limited to $50,000 annually per employer
  • Qualified parolees must:
    • Be full-time employees averaging at least 30 hours per week
    • Be employed for at least 40 weeks in a 12 month period
    • Have been hired within 12 months of being granted parole
    • Be paid wages at or above the average hourly wage of the county with the lowest average wage in the state
    • Not be in a position that has a predetermined end date
  • Excess credits can be carried forward for 3 years
  • Credit is available to employers from January 1, 2017 – December 31, 2019
  • Credit can only be taken once per individual (once per qualified parolee)    

For more information on tax incentive programs available in your area, find your state below. 

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Topics: Employment Incentives, WOTC, Training Incentives

Corporate Tax Incentives

Written by Corporate Tax Incentives

CTI is a tax incentives specialty firm that secures greater tax credits for businesses with our proven project methodology and unparalleled personalized service. For almost 20 years, our elite tax professionals have proactively engaged clients to deliver unmatched value with transparency and efficiency thorough secure in-house software, comprehensive audit-ready deliverables, and 24x7 access to real-time dashboards. We are tax consultancy experts passionate about maximizing credits and incentives for powering the success of your business.

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