Summary
$2,000 tax credit per qualifying unemployed or combat veteran hired into a full-time position paying at least $14/hr. Credit taken in year employee completes 12 months of consecutive employment. Effective for tax years beginning on or after January 1, 2018.
Benefit
- Percentage
- —
- Flat
- $2,000 per job
- Duration
- —
- Max annual
- — (taxpayer)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- taxpayer_earned
- Claimant subject
- business
- Refund/transfer election
- none
- Program family
- —
- Effective
- 2018-01-01
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (4)
- employee_classHired employee must be an unemployed veteran as defined by the Act
- employee_classHired employee must be a combat veteran as defined by the Act
- min_wage_absoluteFull-time position must pay at least $14 per hour
- work_location_in_stateMajority of the employee's duties must be performed at a business location within Alabama
Preference / tiering rules (0)
None.
NAICS industries (0)
Any.
Geo zones (0)
Statewide / none specified.
Tags (3)
- eligible_tax_types: income_tax,financial_institution_excise_tax
- requires_precertification: true
- portal: My Alabama Taxes
Tax bases
- corporate_income_taxprimary
- financial_institution_excise_tax
Source
Sections 40-18-320 through 40-18-324, Code of Ala. 1975
Last verified: 2026-04-12
Previously known as Heroes for Hire. Applies to individual and corporate income taxes or state portion of financial institution excise tax. Cannot be claimed in same year as Section 40-18-323 (Business Start-up Expense Credit) for the same veteran.