Beginning in tax year 2018, Montana employers may be eligible for a tax credit for hiring registered apprentices or registered veteran apprentices and offering on-the-job training through the Montana Registered Apprenticeship Unit.
Employers must submit an application for the credit to, and have it be approved by, the Department of Labor & Industry (DLI), Workforce Services Division.
Employers also must register as a Montana Registered Apprentice sponsor with the Montana Registered Apprenticeship program.
Employers may not claim this credit in the same year they claim the Jobs Growth Incentive tax credit.
The credit is nonrefundable and must be claimed in the year it is approved by DLI.
This credit cannot be carried forward or backward.