Hire a veteran credit
Who is eligible?
You are entitled to this nonrefundable credit if you or your business:
- hires a qualified veteran who begins employment on or after January 1, 2014, but before January 1, 2025; and
- employs the qualified veteran in New York State for the twelve-month period in a full-time or part-time position.
You may claim the credit in the tax year in which the qualified veteran completes one year of employment with you. The credit may be claimed for tax years beginning on or after January 1, 2015, but before January 1, 2026.
| If the qualified veteran is | Amount of credit is equal to |
|---|---|
| Disabled | 20% of the total wages paid to the veteran during the veteran's first twelve-month period of employment, but the credit cannot be more than $20,000 for a veteran in a full-time position or $10,000 for a veteran in a part-time position. |
| Not disabled | 15% of the total wages paid to the veteran during the veteran's first twelve-month period of employment, but the credit cannot be more than $15,000 for a veteran in a full-time position or $7,500 for a veteran in a part-time position. |
To claim the credit, the employer must have the veteran certify that the veteran meets the requirements of a qualified veteran on form DTF-75 (updated 11/22).
Additional information
- Form DTF-75, Employee Affidavit for the Hire a Veteran Credit
- Form CT-643, Hire a Veteran Credit, and its instructions (for corporations)
- Form IT-643, Hire a Veteran Credit, and its instructions (for all others)
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