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 the GIT-317 Sheltered Workshop Tax Credit?A: The GIT-317 Sheltered Workshop Tax Credit is a tax credit offered in the state of New Jersey.

Q: Who is eligible for the GIT-317 Sheltered Workshop Tax Credit?A: Employers who hire individuals with disabilities in sheltered workshops are eligible for this tax credit.

Q: What is a sheltered workshop?A: A sheltered workshop is a vocational training program that provides employment opportunities for individuals with disabilities.

Q: How much is the tax credit?A: The tax credit is equal to 50% of the wages paid to eligible employees in the sheltered workshop.

Q: How do I claim the GIT-317 Sheltered Workshop Tax Credit?A: To claim the tax credit, you need to complete and file the GIT-317 form with the New Jersey Division of Taxation.

Q: Is there a maximum limit on the tax credit?A: Yes, the maximum tax credit that can be claimed in a year is $1,500 per eligible employee.