Job Creation Tax Credit (JCTC)
Supports Maryland employers creating qualifying new jobs with income tax credits for workforce expansion.
The Job Creation Tax Credit (JCTC), administered by the Maryland Department of Commerce, provides Maryland income tax credits to businesses that create qualifying new full-time jobs in Maryland. The base credit is $3,000 per qualifying job, rising to $5,000 per job created in designated revitalization areas. Veteran positions earn $4,000 per job ($6,000 in revitalization areas), while small busine…
Maryland income tax credits of $3,000–$6,000 per qualifying new full-time job created in the state, available to businesses on a first-come, first-served basis through January 2027.
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