Virginia GJC -Application for Green Jobs Creation Tax Credit

GJC -Application for Green Jobs Creation Tax Credit
Form GJC - Green Job Creation Tax Credit Application
Virginia
Form GJC

Application for
Green Job Creation Tax Credit

Tax Year
__________

This credit must be approved before being claimed on your return.
Each location must file a separate application. See instructions for details.
Name

Office Use Only

Trading As
Street Address

FEIN / SSN

City, State, ZIP Code
NAICS Code

Principal Business Locality

Description of Principal Business Activity

Entity Type: (Check One)

  Individual
  Partnership

  C Corporation
  LLC

  S Corporation
  Other _____________________

If you applied for a Major Business Facility Job Tax Credit for the same tax year –STOP– you do not qualify for the Green Job Creation
Tax Credit.

Renewable, Alternative Energy Type: (Check One)

  Hydrogen and Fuel Cell

  Landfill Gas

  Geothermal Heating Systems

  Wind Systems

  Solar Heating Systems

  Hydropower Systems

  Biomass and Biofuel Systems

 

Other _____________________

Part 1 – Credit Application – Complete the lines below and enclose GJC Schedule A
For each job that the credit is claimed, ALL of the following must apply:
1.

Each position applied for has been filled for at least one year;

2.

Each position applied for was a new position held in Virginia where each employee worked at least 1,680 hours; and

3.

Business has not been allowed (i) a Major Business Facility Job Tax Credit pursuant to Va. Code § 58.1-439 or (ii) a federal
tax credit for investments in clean energy manufacturing facilities that fosters the creation of any green job for the creation of
any job included in Part 2 of this application.

Part 2 – Tentative Credit Computation
1.

Enter the number of new eligible green jobs created that have been filled for 12 consecutive
months with an annual salary of at least $50,000.....................................................................

1.

2.

Enter the number of green jobs with an annual salary of at least $50,000 that were created
within any of the 4 preceding taxable years, provided the job is continuously filled during the
taxable year for which the Green Job Creation Tax Credit is being claimed.............................

2.

3.

Add Lines 1 and 2. If the total is less than 350, enter here. If the total is equal to or greater
than 350, enter 350...................................................................................................................

3.

4.

Multiply Line 3 by $500. Enter here and on the Schedule CR, Section 1, Part 20, Line A
(individuals) or the 500CR, Section 1, Part 18, Line A (corporations)....................................... 4.

Part 3 – Declaration
I/we the undersigned declare, under the penalties provided by law, that this form (including any accompanying schedules,
statements, and enclosures) has been examined by me/us and is, to the best of my/our knowledge and belief, a true,
correct, and complete application, made in good faith pursuant to the income tax laws of the Commonwealth of Virginia.
Authorized Signature

Title

Date

Printed Name

Phone Number

Email Address

Fax Number

File Form GJC and any supporting documentation at least 90 days prior to the due date of your return.
Va. Dept. of Taxation  3002010  Rev. 08/20

Form GJC
Schedule A

Job Title
1

2

3

4

5

6

7

8

Green Job Creation Worksheet

Tax Year
__________

Copies of GJC Schedule A can be submitted if additional space is needed.

Position
Number

Date
Locality
Position
Where Work
First Filled is Performed

Brief Description of
Position

SSN of
Employee

Employee
Salary

Employee
Begin Date

Employee
End Date

Employee City or
County and State
of Residence

Instructions for Form GJC,
Green Job Creation Tax Credit Application
General Information
For taxable years beginning on and after January 1, 2010, but
before January 1, 2025, a $500 income tax credit is allowed for
each new green job created within Virginia paying an annual
salary in excess of $50,000. Each taxpayer is allowed a credit for
up to 350 new green jobs. In order to qualify for the tax credits, the
taxpayer must have created the green job and filled it during the
taxable year in which the credit is claimed. The credit is allowed
for the taxable year in which the job has been filled for at least 1
year and for each of the 4 succeeding taxable years provided that
the job is continuously filled during the respective taxable year.
The amount of the credit that may be claimed in any single taxable
year may not exceed the taxpayer’s liability for taxes imposed
for that taxable year. If the amount of credit allowed exceeds the
taxpayer’s tax liability for the taxable year in which the green job
was continuously filled, the amount that exceeds the tax liability
may be carried over for credit against the income taxes of the
taxpayer in the next 5 taxable years or until the total amount of
the tax credit has been taken, whichever is sooner.
In order to qualify for the tax credit, the taxpayer must demonstrate
that the green job was created by the taxpayer and the job was
filled for the taxable year in which the credit is claimed.
If the taxpayer is eligible for the Green Job Creation Tax Credit
and creates green jobs in an enterprise zone, the taxpayer may
also qualify for the benefits under the Enterprise Zone Grant
Program. However, a tax credit is not allowed for any job for which
the taxpayer claims the Major Business Facility Job Tax Credit
or a federal tax credit for investments in manufacturing facilities
for clean energy technologies that would foster investment and
job creation in clean energy manufacturing.

Definitions
Green job – employment in industries relating to the field of
renewable, alternative energies, including the manufacture and
operation of products used to generate electricity and other forms
of energy from alternative sources that include hydrogen and
fuel cell technology, landfill gas, geothermal heating systems,
solar heating systems, hydropower systems, wind systems, and
biomass and biofuel systems. The Secretary of Commerce and
Trade is required to develop a detailed definition and list of jobs
that qualify for the credit. This information is available on the
Secretary of Commerce and Trade’s website at www.commerce.
virginia.gov/initiatives/green-job-tax-credit.
Job – employment of an indefinite duration of an individual whose
primary work activity is related directly to the field of renewable,
alternative energies and for which the standard fringe benefits are
paid by the taxpayer, requiring a minimum of either (i) 35 hours
of an employee’s time per week for the entire normal year of
such taxpayer’s operations, which “normal year” must consist of
at least 48 weeks, or (ii) 1,680 hours per year. Positions created
when a job function is shifted from an existing location in the
Commonwealth do not qualify as a job.

What to Enclose
•	 Provide a copy of the W-2 for each eligible employee.
•	 Guaranteed payments – provide a copy of the Schedule K-1

(Form 1065) and a statement indicating if the payments were
for services or the use of capital.

When to Submit Application
Form GJC and any supporting documentation must be completed
and mailed at least 90 days prior to the due date of your return.
You must apply each year you are eligible to earn credit for each
job that is continuously filled (not to exceed 5 years).

Where to Submit Application
Submit Form GJC and enclosures to the Department of
Taxation, ATTN: Tax Credit Unit, P.O. Box 715, Richmond,
VA 23218-0715 or fax it to (804) 774-3902.

What Does the Taxpayer Need to Do
Upon receiving notification of the allowable credit amount,
taxpayers may claim the allowable credit amount on the
applicable Virginia income tax return and compute any carryover
credit amount.

IMPORTANT
All business taxpayers should be registered with the Department
before completing Form GJC. If you are not registered, complete
Form R-1.
Taxpayers who do not receive notification of allowable credit
amounts before their Virginia income tax return due date may
file during the extension period or file their regular return without
the credit and then file an amended tax return after receipt of
notification of the allowable credit amount to claim the tax credit.

Pass-Through Entities
Any credits granted to a partnership, limited liability company,
or electing small business corporation (S corporation) must be
allocated to the individual partners, members, or shareholders,
respectively, in proportion to their ownership or interest in such
business entities.
Each pass-through entity must file Form PTE with the
Department when allocating this credit to the owners. Form
PTE should be filed within 30 days of notification of allowable
credit amounts, but at least 90 days prior to the participants filing
their income tax returns. Failure to file Form PTE may result in
the credit claim being disallowed and/or a delay in processing
the participant’s return. This information should be sent to:
Department of Taxation, ATTN: Tax Credit Unit, P.O. Box 715,
Richmond, VA 23218-0715 or you may fax it to (804) 774-3902.
Please do not do both.
All pass-through entities distributing this credit to their owners,
shareholders, partners, or members must give each a Schedule
VK-1, Owner’s Share of Income and Virginia Modifications and
Credits.

Where to Get Help
Write to the Virginia Department of Taxation, ATTN: Tax
Credit Unit, P.O. Box 715, Richmond, VA 23218-0715 or call
(804) 786‑2992. Visit www.tax.virginia.gov to obtain most tax
forms and additional information.