Job Creation Tax Credits (JCTC)

A $1,000-per-job tax credit to create new jobs in the Commonwealth within three years

Guidelines

• JobCreationTaxCredit_Guidelines_09.pdf

Uses

Tax credits used to offset various business tax liabilities

Funding

$1,000-per-job tax credit to approved businesses that agree to create jobs within three years; 25% of the tax credits allocated each year must go to businesses with less than 100 employees

Eligibility

Approved businesses

Terms

Tax credits may not be utilized by a business until the jobs are actually created; Must create at least 25 new jobs or expand the existing workforce by at least 20%.

Where to Apply

Customer Service Center, Electronic Single Application for Assistance