During 2019, Lincoln Company hires 23 individuals who are certified to be members of a qualifying targeted group. Each employee works in excess of 600 hours and is paid wages of $14,350 during the year. Determine the amount of Lincoln's work opportunity credit.

During 2019, Lincoln Company hires 23 individuals who are certified to be members of a qualifying targeted group. Each employee works in excess of 600 hours and is paid wages of $14,350 during the year. Determine the amount of Lincoln's work opportunity credit.

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter13: Tax Credits And Payment Procedures

Section: Chapter Questions

Problem 27P

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