csj logo  
  City Home City Services About San José Visitors Feedback
 
department title

Thursday, March 11, 2010

  Economic Development Home
background image
Welcome
Biography
Key Contacts
Staff
Calendar
Offices
  Budget
  Capital Improvement
  Economic Development
  Emergency Services
  Employee Relations
Access San José
News Releases
Publications
Downtown Photo Gallery

CivicCenter TV
Newsroom

 
CSJ Site Index
Accessibility Instructions
Problems viewing site

 

 

About San Jose About OED Business Assistance Enterprise Zone Sister Cities Foreign Trade Zone Publications FAQs Links

 

Hiring Tax Calculator

  Enterprise Zone Businesses that hire individuals from 13 targeted employment groups can realize significant tax savings.

The Tax Credit Calculator below estimates the hiring tax credit savings.

To use the Tax Credit Calculator:

  1. Enter the year the employee started work, click the button "Insert Years."
  2. Enter the employee's hourly wage rate for each year employed.
  3. The adjusted wage rate will automatically default or calculate the wage rate up to the maximum* wage credit allowance.
  4. In the "Projected Hours" box, enter the number of hours the employee worked each year.
  5. Press "Calculate."
Employee Start Year
Actual
Wage Rate
Adjusted
Wage Rate
Projected
Hours
Maximum Annual
Hiring Tax Credit
50%
40%
30%
20%
10%
Total Hiring Credit up to Five Years per Employee
 

This calculator is for estimation purposes only. For further clarification contact the City of San Jose Enterprise Zone Coordinator at 408.795.1813. To determine the actual tax savings please complete the tax worksheet in the California Franchise Tax Board publication 3805Z.

* The hiring tax credit maximum wage allowance is based on the smaller of the actual hourly wage paid or 150% of the minimum wage rate established by the Industrial Welfare Commission.

Enterprise Zone

Overview of Incentives

TEA/EZ Street Verification 2007 (New)

TEA/EZ Street Verification (1986-2006)

Hiring Tax Credit

Hiring Tax Calculator

FAQs

EZ & TEA Maps

EZ News



 
 
 

 

 

Last Modified Date: 1/5/2010

 
 

The City of San Jose is committed to open and honest government and strives to consistently meet the community’s expectations by providing excellent service, in a positive and timely manner, and in the full view of the public.

Please View the City of San Jose's Code of Ethics, Council Policy 0-15

City Home - City Services - About San José - Visitors - Feedback - Search - Site Map

 

As a customer-driven organization, the City of San José welcomes any suggestions you might have to help us serve you better.