Form Ri-2874 - Employer'S Apprenticeship Credit Form
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1RI 2874
2002
STATE OF RHODE ISLAND - DIVISION OF TAXATION
EMPLOYER’S APPRENTICESHIP CREDIT
For calendar 2001 or years beginning ________________, 2000 and ending _______________, 2002.
READ INSTRUCTIONS ON BACK.
ATTACH TO YOUR RHODE ISLAND RETURN.
______________________________________________
_____________________________________
Employer/Taxpayer Name (s)
Identifying Number (SSN or FEIN)
________________________________________________________________________________________________
Address:
Street
City/town
State
ZIP
Apprenticeships Threshold Test:
Apprenticeships:
The number of apprenticeships for which
5 years prior
___________
credit is calculated below must exceed
4 years prior
___________
average number of qualifying apprenticeships
3 years prior
___________
begun in the preceding 5 years.
2 years prior
___________
1 year prior
___________
TOTAL
___________
TOTAL / 5
___________
List below names and information for each qualifying apprentice to whom wages were paid. ATTACH APPRENTICESHIP
AGREEMENT FOR EACH EMPLOYEE LISTED.
Wages Paid
Wage
Credit
this
X
Max
Employee/Apprentice
Social
Apprentice
50%
$4,800.00
Name
Security Number
1.
Total Credits above
$
____________
2.
Tax Credit used - Enter on appropriate line of your return.
$ ____________
See limits and instructions.
Instructions: Enter and total the number of apprenticeships for 5 prior years in the spaces provided. Divide the
total by 5 and enter on the line indicated. THE NUMBER OF APPRENTICESHIPS CLAIMED FOR THIS YEAR MUST
EXCEED THE 5 YEAR AVERAGE. Calculate the credit per apprentice by multiplying the wages paid by 50% and entering
the results in the columns above. Enter the lesser of 50% of wage or $4,800.00 as the maximum credit per apprentice.
Total the credits and enter in the space provided. Refer to instructions on reverse side for limitations of the credit used and
enter on appropriate line of your return. ATTACH A COPY OF THE APPRENTICESHIP AGREEMENT FOR EACH
EMPLOYEE!
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