FROM $750 TO $5,750
EVERY YEAR FOR 5 YEARS
FOR EACH NEW JOB CREATED
Qualified Industries Include:
• Manufacturing
• Processing
• Research & Development
• Warehousing & Distribution
• Tourism
• Telecommunications
• Broadcasting
• Services for the elderly and persons with disabilities
Note: In The Lower 40 Counties All Industries Can Qualify
Hiring Requirement:
• Companies Qualify For This Credit When They Create A Minimum of 5-25 New Jobs In A Single Year
• Value And Number of Jobs Required – Depends On the Company’s Location By County
Value To You:
• From $750 - $5,750 Per New Full Time Job Created Each Year – Up to 5 Years
• 50% - 100% Of Your Total Georgia Income Tax Liability – Dependent Upon Location By County
• Businesses Located In Tier 1 Counties, Military Zones, Opportunity Zones, or Least Developed Census Tracts Can Take The Job Tax Credit Against Employee Withholding
Note:
• Three Year Look Back Available (Tax Years 2008 and Earlier)
• One Year Look Back Available (Tax Years 2009 and Later)
• Credits May Be Allocated To Affiliated Corporations
• May Be Used in Conjunction With The Retraining Tax Credit
• Can Be Used Instead Of, But Not With, The Investment Tax Credit
• Unused Credit Can Be Carried Forward Up To 10 Years
