Not all tax credits require specific job creation. If a tax credit does require specific job creation, the report only includes the job creation numbers reported to the Department on the return filed for that period.
Job creation numbers will not be included if the tax credit does not require specific job creation or the credit is based on jobs created and reported in prior tax periods. For a taxpayer to qualify for job tax credits, they must first meet a total threshold of qualified job creation before they can begin taking the credit. The total qualified jobs created may be reported over multiple fiscal years. This report only includes job creation in the most current fiscal year.