Enlarge image | State of Rhode Island Division of Taxation Form RI-2949 Jobs Training Tax Credit 15131299990101 Name Federal employer identification number For the year ending: HUMAN RESOURCE INVESTMENT COUNCIL CERTIFICATE NUMBER: ATTACH COPY OF NOTICE OF CERTIFICATION ISSUED BY HRIC Qualifying Social Hourly Average Eligible Wages (Not * Individual TOTAL Employee Name Security Number Rate Hrs Weekly to Exceed $1,000) Expenses (3 yrs) EXPENSES TOTALS: (attach sheet if necessary) 1. Payments for instructors or educational institutions.................................. 1. 2. Other expenses. Attach schedule............................................................. 2. 3. Eligible wages from schedule above......................................................... 3. 4. Total Expenses. Add lines 1, 2 and 3..................................................................................................... 4. 5. Applicable grants received........................................................................ 5. 6. Amount of training expenses over $10,000 for an individual employee 6. during three year period.................................................................................. 7. Total Ineligible Expenses. Add lines 5 and 6.......................................................................................... 7. 8. Qualifying Expenses. Subtract line 7 from line 4 .................................................................................. 8. 9. Credit Calculation. Multiply line 8 times 50% (0.50)............................................................................... 9. 10. Credit for this taxable year. Multiply line 9 times 50% (0.50)................................................................. 10. 11. Credit carryover from prior year. Attach schedule.................................................................................. 11. 12. Total Job Training Credit Available. Add lines 10 and 11........................................................................ 12. 13. Carryover to following taxable year. Multiply line 9 times 50% (0.50).................................................... 13. * EXPENSES NOT TO EXCEED $10,000 FOR EACH INDIVIDUAL IN ANY THREE (3) YEAR PERIOD. THIS FORM MUST BE ATTACHED TO APPROPRIATE RHODE ISLAND TAX RETURN. DO NOT SUBMIT COMPLETED FORM WITH HRIC APPLICATION FOR CERTIFICATION. R.I. Gen. Laws ยง 42-64.6 |