Alaska Hire for Veterans Tax Credit
Alaska Hire for Veterans Tax Credit: Employer Credit for Hiring Veterans
Alaska businesses that hire and employ veterans in the state are eligible for a state income tax credit.
Details
Alaska businesses that hire and employ veterans in the state are eligible for a state income tax credit. This incentivizes employers to bring on veterans and can reduce the employer's Alaska corporate income tax bill. Specific credit amount and conditions are set out in Alaska Form 6325 instructions.
Restrictions
Governed by Alaska Statute 43.20.048. Employers should file Alaska Form 6325. Contact Alaska Department of Revenue, Tax Division at (907) 465-3687 for specifics.
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