Target Group Name Unemployed Veteran
Target Group Definition
An individual who was discharged or released from active duty in the Armed Forces at any time during the five-year period ending on the hire date; AND received unemployment compensation under State or Federal law for not less than four weeks during the one-year period ending on the hire date. Must be hired in 2009 or 2010.
Maximum Amount of Credit
40% of first-year Qualifying Wages for those new hires employed at least 400 hours; 25% of first-year Qualifying Wages for those new hires employed between 120 and 399 hours.
Length of Credit
One Year
Qualifying Wages Capped At
$6,000