Form 330 Apprenticeship Program Tax Credit - New Jersey

What Is Form 330?

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 330 Apprenticeship Program Tax Credit?
A: Form 330 is a tax credit available in New Jersey for businesses that participate in approved apprenticeship programs.

Q: Who is eligible for the Apprenticeship Program Tax Credit?
A: Businesses that are registered with the New Jersey Department of Labor and participate in an approved apprenticeship program are eligible for the tax credit.

Q: How much is the tax credit?
A: The tax credit is $6000 per apprentice per year, for up to four years.

Q: What are the requirements to qualify for the tax credit?
A: To qualify for the tax credit, the business must hire and retain apprentices who meet certain criteria and submit a completed Form 330 to the New Jersey Department of Labor.

Q: How can I claim the Apprenticeship Program Tax Credit?
A: To claim the tax credit, businesses must file Form 330 with the New Jersey Department of Labor by the due date.

Q: Are there any other incentives for participating in the apprenticeship program?
A: In addition to the tax credit, businesses may also qualify for grants and other financial incentives from the New Jersey Department of Labor.