Worker Retraining Tax Credit:
Virginia’s Worker Retraining Tax Credit allows an employer to claim a tax credit for the costs of providing worker retraining to qualified employees.
For information on noncredit course approval, contact the Virginia Department of Business Assistance at 804-371-8120. (Credits must be approved before being claimed on your return.)
www.dba.virginia.gov
For information on tax forms for claiming the credit, contact the Virginia Department of Taxation, Tax Credit Unit, 804-786-2992.
www.tax.virginia.gov
Related legislation is available at Virginia Code 58.1 - 439.6.