3.12 Tax Credits

Subsidized employment earnings qualify as earned income Money, wages or salary, adjusted income from self-employment, Social Security, dividends, interest on savings or bonds, income from estates or trusts, net rental income or royalties, public assistance, SSI, pensions and annuities, unemployment insurance, worker’s compensation, alimony and other maintenance payments, and veteran pensions. for state and federal tax credits. Contractors must inform and provide basic information to subsidized workers about the following tax credits:

• Earned Income Tax Credit (state and federal)

• Federal Child Tax Credit

• Wisconsin Homestead Tax Credit

History: There are no previous versions of this policy.