Georgia Retraining Tax Credit
A tax credit that helps Georgia businesses offset 50% of approved retraining costs when employees learn new technology, software, or equipment. Credit is up to $500 per employee per training program, capped at $1,250 per employee per year.
About this program
Credit can offset up to 50% of corporate income tax liability. Unused credits carry forward up to 10 years. Carry-forward window is being shortened to 5 years for some programs - confirm current rules. Pre-approval through TCSG is required before claiming.
Eligibility
Any business that files a Georgia income tax return and invests in retraining existing employees on new equipment, software, or technology. Training programs must be approved by the Technical College System of Georgia (TCSG). Available across all industries statewide.