During 2023, Lincoln Company hires 24 individuals who are certified to be members of a qualifying targeted group. Each employee works in excess of 600 hours and is paid wages of $9,850 during the year. Determine the amount of Lincoln's work opportunity credit. Sfill in the blank 1.

During 2023, Lincoln Company hires 24 individuals who are certified to be members of a qualifying targeted group. Each employee works in excess of 600 hours and is paid wages of $9,850 during the year. Determine the amount of Lincoln's work opportunity credit. Sfill in the blank 1.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

During 2023, Lincoln Company hires 24 individuals who are certified to be
members of a qualifying targeted group. Each employee works in excess of 600
hours and is paid wages of $9,850 during the year. Determine the amount of
Lincoln's work opportunity credit. $fill in the blank 1.

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