# Enrolled Agent Exam [Part 2] 69, Work Opportunity Tax Credit (WOTC)

Page: https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-69-work-opportunity-tax-credit-wotc
Text version: https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-69-work-opportunity-tax-credit-wotc.md
Podcast: [Finance Exam Prep](https://stenobird.com/podcast/finance-exam-prep-7658413)
Published: 2026-07-05T22:41:20+00:00
Episode link: https://open-exam-prep.com/
Audio file: https://episodes.captivate.fm/episode/57b4164e-c34f-4ea1-a03b-f99d931e5146.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/finance-exam-prep-7658413/episodes/enrolled-agent-exam-part-2-69-work-opportunity-tax-credit-wotc
Duration seconds: 210

## Resource

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The WOTC is a general business credit for hiring individuals from specific targeted groups who face employment barriers. - The credit is calculated as either 25% (for 120-399 hours worked) or 40% (for 400+ hours worked) of qualified first-year wages. - Qualified wages are generally capped at the first $6,000 of earnings, resulting in a maximum credit of $2,400 per employee for most groups. - Employers MUST file Form 8850 with their state workforce agency within 28 days of the employee's start date to be eligible for the credit. - A critical exam trap: The employer's deduction for salaries and wages must be reduced by the amount of the WOTC claimed. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/finance-exam-prep-7658413/episodes/enrolled-agent-exam-part-2-69-work-opportunity-tax-credit-wotc/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-69-work-opportunity-tax-credit-wotc.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.