Form Ri-2874 - Rhode Island Employer'S Apprenticeship Credit - 2013 Page 2
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2EMPLOYER’S APPRENTICESHIP TAX CREDIT
I. General:
Generally, a taxpayer who is an employer and employs a machine tool and metal trade apprentice or plastic
process technician apprentice duly enrolled and registered under the terms of a qualified program will be
allowed a credit against the tax imposed by Chapter 11 of Title 44. The amount of the credit is 50% of the
actual wages paid to the qualifying apprentice or $4,800, whichever is less.
II. Program requirements:
The apprentice must be duly enrolled and registered under the terms of a qualified program as determined
by the State Apprenticeship Council. The credit is limited to qualified machine tool, metal trade and plastics
programs with apprenticeship periods of duration which are more than four thousand (4,000) hours and less
than ten thousand (10,000) hours.
The tax credit is limited to the following trades: machinist, toolmaker, toll and diemaker, model maker, gage
maker, pattern maker, tool and machine setter, diesinker, moldmaker, machine tool repairer, plastic process
technician and in similar occupations which, as above, involve multiple work processes including the shap-
ing of metals by machine tool equipment designed to perform cutting, grinding, milling, turning, drilling, bor-
ing, planing, hobbling, and abrading operations.
The apprentice must be employed on a full time basis which is defined as working a minimum of one hun-
dred twenty (120) hours per month at the trade. Up to eighty (80) hours may be applied during the tax year
against the one hundred twenty (120) hour limitation.
Pre-apprentices are not counted as apprenticeships begun and wages earned by pre-apprentices are not
eligible for inclusion the calculation of the tax credit.
III. Calculation of the credit:
The number of apprenticeships for which the tax credit is allowed must exceed the average number of such
apprenticeships begun during the five (5) preceding years. The credit is 50% of the actual wages paid to
the qualifying apprentice or $4,800, whichever is less.
VI. Limitations on the credit and miscellaneous:
A. The credit per apprentice is 50% of the actual wages paid to the qualifying apprentice or $4,800
whichever is less.
B. The credit cannot reduce the Business Corporation Tax (Title 44, Chapter 11) to less than the mini-
mum required.
C. The credit is not refundable and amounts of credit not deductible in the taxable year may not be car-
ried over to the following year.
TO VERIFY ELIGIBILITY FOR THE CREDIT, A COPY OF THE APPRENTICESHIP
AGREEMENT FOR EACH QUALIFIED APPRENTICE MUST BE ATTACHED TO THIS FORM.
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