New York Workers with Disabilities Tax Credit (WDTC)
For tax years beginning on or after January 1, 2015, and before January 1, 2020, this tax credit is available to qualified employers subject to tax under Article 9-A or 22 and employs qualified individuals with disabilities.
To qualify for the tax credit, businesses must:
- be a certified participant in the Workers with Disabilities Tax Credit Program;
- have paid qualified wages to a qualified employee; and
- have received the final Certificate of Eligibility from DOL.
The credit is equal to 15% of the qualified wages paid during the tax year to a qualified full-time employee who works at least six months for at least 30 hours per week and 10% of the qualified wages paid during the tax year to a qualified part-time employee who works at least six months for at least eight hours per week. The maximum amount of credit allowed per qualified employee for any tax year is $5,000 for a full-time employee and $2,500 for a part-time employee.