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Free Exam: Renewal Community Tax Credit Program

Number of Questions in Test: 15
Number of Questions in Preview: 5
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Note: Answers are not shown below but will be copied with this test.

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Question 1

What is the incentive for hiring employees who work in a Renewal Community?

Type: Multiple choice
Points: 1
Randomize answers: No

Question 2

What percentage of qualified wages is used to calculate Renewal Community credit?

Type: Multiple choice
Points: 1
Randomize answers: No

Question 3

In a Renewal Community, what is the maximum amount of qualified wages per employee per year?

Type: Multiple choice
Points: 1
Randomize answers: No

Question 4

Employees that worked less than 90 days and were terminated with just cause are ineligible for Renewal Community credit.

Type: True/False
Points: 1

Question 5

What is the limit on the number of employees for which a business can claim the credit?

Type: Multiple choice
Points: 1
Randomize answers: No

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