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Opportunity ZonesInternal Revenue Service IRS Tax Forms

Opportunity ZonesInternal Revenue Service IRS Tax Forms

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Instructions and help about Opportunity ZonesInternal Revenue Service IRS Tax Forms

okay for this video i wanted to go over a simple tutorial on how to complete the irs form 5884 for the work opportunity credit so this is a federal tax credit that's available to employers here in the u.s so i'm going to go through the form itself this is going to be filed with a form 1120s so we have an s corporation that's going to be claiming this credit but before we go through the the return and the form and see how everything kind of flows together i do have one slide with some information uh and and some details on the fact pattern that we're going to be working with so a bit of background on the work opportunity credit now i'm not going to go into a full deep dive as to how to qualify for this how to submit the documents to get approved for it that's a separate video i'll put a link to that below but just so we get a bit of background here to get our bearings before we look at the forms the the work opportunity credit is a

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