Origin: A personal income tax and corporate excise credit is allowed to employers that establish apprenticeship programs in designated computer technology, health care technology or manufacturing occupations. The credit is equal to the lesser of $4,800 or 50% of the wages paid to the apprentice in a taxable year.

Employers that claim the credit in a taxable year will be eligible for an additional credit in the following year with respect to apprentices that are retained. The total cumulative amount of the credit authorized annually is $2.5 million. The credit applies to taxable years beginning on or after January 1, 2019.

Origin: M.G.L. c. 62, § 6(v)

Item Number
FY2021
FY2022
FY2023
FY2024
FY2025
1.621
Negligible
Negligible
Negligible
Negligible
Negligible
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