Instructions for IRS Form 8850 Pre-screening Notice and Certification Request for the Work Opportunity Credit

IRS Form 8850 Pre-screening Notice and Certification Request for the Work Opportunity Credit

This document contains official instructions for IRS Form 8850 , Pre-screening Notice and Certification Request for the Work Opportunity Credit - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8850 is available for download through this link.

FAQ

Q: What is IRS Form 8850?A: IRS Form 8850 is the Pre-screening Notice and Certification Request for the Work Opportunity Credit.

Q: What is the Work Opportunity Credit?A: The Work Opportunity Credit is a federal tax credit available to employers who hire individuals from certain targeted groups.

Q: Who is eligible for the Work Opportunity Credit?A: Individuals from targeted groups, such as veterans, ex-felons, and long-term recipients of public assistance, may be eligible for the Work Opportunity Credit.

Q: What is the purpose of Form 8850?A: Form 8850 is used to pre-screen and certify employees for eligibility to claim the Work Opportunity Credit.

Q: When should Form 8850 be submitted?A: Form 8850 should be submitted to the state workforce agency within 28 days after the employee's start date.

Q: What information is required on Form 8850?A: Form 8850 requires information about the employer, the employee, and the targeted group affiliation.

Q: Are there any deadlines for claiming the Work Opportunity Credit?A: Yes, the deadline for claiming the Work Opportunity Credit is generally 28 days after the employee's start date, or 280 days after the employee's start date if the employee is a qualified long-term recipient of public assistance.

Q: Can Form 8850 be filed electronically?A: Yes, Form 8850 can be filed electronically using the eWOTC system or similar state systems where available.

Q: Is Form 8850 required for every employee?A: No, Form 8850 is only required for employees who are being considered for certification for the Work Opportunity Credit.