Adult Education Tax Credit
The Rhode Island Adult Education Tax Credit (RIGL 44-46) allows for a tax credit of 50% of the direct costs for worksite and non worksite-based vocational training or basic education, up to a maximum of $300 per employee. The maximum overall credit is $5,000 per employer per calendar year. The employee must remain employed by the business for 13 consecutive weeks and a minimum of 455 hours of paid employment before the credit can be claimed. Excess credits cannot be carried forward.
For More Information Follow These Web Links
- RI Department of Labor & Training: http://www.dlt.ri.gov/esu/taxcredits.htm
- RI General Law: http://www.rilin.state.ri.us/Statutes/TITLE44/44-46/INDEX.HTM
Jean Robertson