![]() In general, taxable employers may carry the current year’s unused WOTC back one year and then forward 20 years. An employer cannot claim the WOTC for employees who are rehired. Up to $24,000 in wages may be taken into account in determining the WOTC for certain qualified veterans. A 25% rate applies to wages for individuals who perform fewer than 400 but at least 120 hours of service for the employer. Thus, the maximum tax credit is generally $2,400.
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