Veterans Employment Opportunity Tax Credit for Employers
Veterans Employment Opportunity Tax Credit for Employers
Delaware employers who hire a qualifying veteran, someone who served in a hostile-fire zone like Iraq or Afghanistan, can claim a tax credit equal to 10% of that veteran's wages, up to $1,500 per year.
Details
Delaware employers who hire a qualifying veteran, someone who served in a hostile-fire zone like Iraq or Afghanistan, can claim a tax credit equal to 10% of that veteran's wages, up to $1,500 per year. The credit applies for the year of hire and the two following tax years.
Restrictions
Aimed at encouraging veteran hiring. Employers benefit directly; veterans benefit through improved job prospects. Defined under Delaware tax law.
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