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Form 5884 Internal Revenue Service

Form 5884 Internal Revenue Service

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Instructions and help about Form 5884 Internal Revenue Service

all right for this video i wanted to go over the irs form 8850 and the department of labor's form 9061. so these forms are completed and filed with your state workforce agency and they're in connection with the work opportunity tax credit at the federal tax level so i've got sample forms in front of us that we'll walk through but before we get into those i do want to quickly uh go over a slide i have here with some background information on the credit itself what are the amounts and generally what other procedures you need to follow is both an employee and employer to get this credit for the employer right so the work opportunity tax credit again it's a federal tax credit and it's designed as an incentive to employers to hire individuals that are part of what the federal government deems to be targeted groups or individuals that are it's difficult for them to find a job right to put it bluntly and so what the government does is th

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