Homeless Hiring Tax Credit December 2021 Tax News

Employers will need to meet eligibility requirements

The new Homeless Hiring Tax Credit begins in January. The credit will be available for taxable years beginning January 1, 2022 through December 31, 2026. Employers will need to meet eligibility requirements to claim the Homeless Hiring Tax Credit based on the hours eligible employees work during the taxable year.

We updated our Homeless Hiring Tax Credit webpage with eligible employee requirements, eligible employer information, credit amount information, obtaining the required certification, and certifying organizations. More updates to come for credit reservation.

For more information, go to our website and review Homeless Hiring Tax Credit.