Rhode Island · Jobs · RI-QJ-001
Qualified Jobs Incentive Tax Credit
Publication revised September 24, 2026. Sourcebook page 235.
Credit amount / calculation
Per-job annual credit based on wages and project location over the approved term.
Business fit and eligible activity
Expanding employers creating qualifying high-wage jobs can receive annual per-job credits. Hiring, wages or qualifying training; where the program also requires investment, satisfy both tests.
Illustrative business benefit
Use-of-credit illustration, not an estimated award: assume the agency or completed tax form establishes a $1,000 credit for the qualifying activity described above. If sufficient eligible tax is due, a $1,000 credit available for current use reduces that tax by $1,000. If annual limits allow only $600, that is this year's saving; the other $400 survives only if the carryforward or transfer rules permit. Obtain the actual program calculation before estimating a project benefit.
Timing / first action
Seek approval before starting the overall project, including site work or construction. Contact the administering agency and secure the required approval before the project is publicly or contractually committed.
Official sources
- commerceri.com — Qualified Jobs Incentive Tax Credit (commerceri.com)
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