|
Re: Re: Employment Credit vs. Tax Credit?
Originally Posted By chieffan9
Mack,
Andrea and Davis are right in that the gov't. will not deduct it from the $10,000 that they are giving you. However, I believe that whether or not you have to pay taxes on the $3,000 depends on how your employer has their program set up. Some employers have themselves set up as an approved program, and I don't believe you have to include this as income. However, many companies have not done this, and you will definitely have to include this $3,000 as income. I would check with your HR department and ask them if they know whether or not you have to include it as income.
__________________
Please feel free to reply to this Archived post.
Please note that there may not be a way to contact the author of this post unless they left contact information.
|