IRS Releases Draft of Updated Form 5884-C

A draft of Form 5884-C, Work Opportunity Credit for Qualified Tax-Exempt Organizations Hiring Qualified Veterans, was released March 30 by the IRS.

Form 5884-C is used by qualified tax-exempt organizations to claim the work opportunity credit for first-year wages paid to qualified veterans who started working for the organization from Nov. 22, 2011, to Dec. 31, 2025. Organizations may claim the credit against the employer portion of Social Security tax on wages paid to employees during the one-year period that starts the day a qualified veteran begins working for the organization. The credit does not apply to the employer ...