This version of the form is not currently in use and is provided for reference only. Download this version of Form 300 for the current year.
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.
Q: What is Form 300 Urban Enterprise ZoneEmployees Tax Credit and Credit Carry Forward?
A: Form 300 is a tax form in New Jersey that is used to claim the Urban Enterprise Zone Employees Tax Credit and Credit Carry Forward.
Q: What is the Urban Enterprise Zone Employees Tax Credit?
A: The Urban Enterprise Zone Employees Tax Credit is a tax credit that businesses can claim for hiring eligible employees in designated Urban Enterprise Zones.
Q: What is the Credit Carry Forward?
A: The Credit Carry Forward allows businesses to carry forward any unused tax credits to future tax years.
Q: Who is eligible for the Urban Enterprise Zone Employees Tax Credit?
A: Businesses that hire eligible employees who work at least 35 hours per week in designated Urban Enterprise Zones are eligible for the tax credit.
Q: How much is the tax credit?
A: The tax credit is 1% of the wages paid to eligible employees.
Q: How long can businesses carry forward unused tax credits?
A: Businesses can carry forward unused tax credits for up to 20 years.
Q: What is an Urban Enterprise Zone?
A: An Urban Enterprise Zone is a designated area in New Jersey that aims to stimulate economic growth and create jobs by providing various tax incentives and other benefits to businesses.
Form Details:
Download a fillable version of Form 300 by clicking the link below or browse more documents and templates provided by the New Jersey Department of the Treasury.