Alaska · Hiring · AK-VET-001
Veteran Employment Tax Credit
Publication revised September 24, 2026. Sourcebook page 30.
Credit amount / calculation
$2,000 for a qualifying veteran, or $3,000 for a qualifying disabled veteran, with at least 1,560 hours in 12 consecutive months. A separate seasonal rule provides $1,000 after 500 hours in three consecutive months.
Business fit and eligible activity
An eligible forest-products employer can qualify through hiring, even though Alaska has no broad manufacturing investment credit. Hiring, wages or qualifying training; where the program also requires investment, satisfy both tests.
Illustrative business benefit
An eligible corporate taxpayer hires one qualifying veteran without a disability and one qualifying disabled veteran; each meets the 1,560-hour test. The combined credit is $2,000 + $3,000 = $5,000 before tax-liability limits.
Timing / first action
Tax-year claim: document the eligible expense, hire or placed-in-service date and meet any separate certification deadline. Confirm that the employer owes a tax against which this credit can be used; an Alaska business does not qualify merely because it employs a veteran.
Official sources
- jobs.alaska.gov — Alaska Veteran Employment Tax Credit (jobs.alaska.gov)
Related programs
Clean Electricity Investment Credit (Internal Revenue Code §48E)
Generally
Potentially relevant when a forest-products facility owns qualifying zero-emission generation or energy-storage property.
Clean Electricity Production Credit (Internal Revenue Code §45Y)
Production-based
Alternative to the investment credit for owners/operators of qualifying clean-electricity facilities; potentially relevant to qualifying on-site generation.
Credit for Increasing Research Activities (Internal Revenue Code §41)
Regular research-credit method
A sawmill, secondary manufacturer or biomass business can qualify when it performs genuine technological experimentation to improve a product or process.