Form 317 Sheltered Workshop Tax Credit - New Jersey

What Is Form 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 317 Sheltered Workshop Tax Credit?
A: Form 317 Sheltered Workshop Tax Credit is a tax credit available in New Jersey for businesses that employ individuals with disabilities in sheltered workshops.

Q: Who is eligible for the Form 317 Sheltered Workshop Tax Credit?
A: Businesses in New Jersey that employ individuals with disabilities in sheltered workshops are eligible for this tax credit.

Q: How much is the Form 317 Sheltered Workshop Tax Credit?
A: The tax credit is equal to 50% of the wages paid to eligible employees with disabilities, up to a maximum credit of $25,000 per business.

Q: How do I claim the Form 317 Sheltered Workshop Tax Credit?
A: To claim the tax credit, businesses must complete and file Form 317 with the New Jersey Division of Taxation.

Q: Are there any deadlines for claiming the Form 317 Sheltered Workshop Tax Credit?
A: Yes, businesses must file Form 317 by the due date of their New Jersey business tax return, including extensions.

Q: Are there any additional requirements to be eligible for the Form 317 Sheltered Workshop Tax Credit?
A: Yes, businesses must meet certain criteria, including being certified as a sheltered workshop by the New Jersey Department of Labor and Workforce Development.