Form GIT-317 Sheltered Workshop Tax Credit - New Jersey

What Is Form GIT-317?

This is a legal form that was released by the New Jersey Department of the Treasury - a government authority operating within New Jersey. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form GIT-317?A: Form GIT-317 is the application for the Sheltered Workshop Tax Credit in New Jersey.

Q: What is the Sheltered Workshop Tax Credit?A: The Sheltered Workshop Tax Credit is a tax credit offered by the state of New Jersey to businesses that employ individuals with disabilities in a sheltered workshop.

Q: Who is eligible for the Sheltered Workshop Tax Credit?A: Businesses in New Jersey that employ individuals with disabilities in a sheltered workshop are eligible for the tax credit.

Q: How do I apply for the Sheltered Workshop Tax Credit?A: You can apply for the Sheltered Workshop Tax Credit by filling out Form GIT-317 and submitting it to the New Jersey Division of Taxation.

Q: What is the benefit of the Sheltered Workshop Tax Credit?A: The tax credit allows eligible businesses to offset their state tax liability by a certain percentage of the wages paid to employees in a sheltered workshop.

Q: Are there any requirements or limitations for the Sheltered Workshop Tax Credit?A: Yes, there are certain requirements and limitations for the tax credit. These include the number of individuals employed, the wages paid, and the certification of the sheltered workshop.

Q: Is the Sheltered Workshop Tax Credit available in other states?A: No, the Sheltered Workshop Tax Credit is specific to businesses in New Jersey.