What is the Enterprise Zone Employee Credit?
This credit is five percent of each employee's qualified wages for the year (maximum credit is $525 per employee).
To qualify for this credit in 2012, all of the following requirements must be met:
To qualify for this credit in 2012, all of the following requirements must be met:
- You performed at least 50% of your compensated work (for the employer located within the EZ) within the boundaries of an enterprise zone in California.
- You spent at least 90% of your work time (for the employer located within the EZ) on activities that are directly related to the operation of the trade or business located within the EZ.
- You did not work for any federal, California state, or local government.
