Summary of Changes

IRS - OMB REVIEW REQUEST FORM
Request for OMB review of currently approved document:
Date:

01/27/2012

Name: Neal

Dickman

Office Symbols: SE:W:CAR:MP:T:B:C
Phone Number:

(202) 622-5013

Summary of Changes
The Vow to Hire Heroes Act of 2011, PL 112-56, Section 261, expanded the Work Opportunity Credit to two new
categories of qualified veterans. The new law also increased the amount of first-year wages of qualified veterans that
could be included in computing the Work Opportunity Credit.
We added several "what's new" items to explain the effect of the new law. One item explained that the Work
Opportunity Credit expires for other targeted groups at the end of 2011. However, for qualified veterans, the credit
is available until December 31, 2012. Another item explained that veterans that were unemployed for more than
4 weeks may be eligible for this credit if hired after November 21, 2011.
In the line 1 instructions, we added a new section to explain the new limits on the amount of wages that could be
included in calculating the credit. The wage limits can range form $6,000 to $24,000 depending on how long the
veteran was unemployed and if he was disabled. These wage amounts are significantly higher than in previous years.
There were no line changes to the form only additions to the isntructions.

Impact on Approved Collection
Public
Law No.

Regulation
No.

Other
Code
References

SAMPLE:
PL 109-567

REG-345675-08

PL 112-56 IRC 51(d)(3)

RP 2009-134

+/- 5

Change In IRS Form
& Instructions
No. of Filers
Words

+/- 20,000

59,319

+/- 500

+500

Attachments

+/- 1

59,819

*Please insert how this new (PL, REG, or other), document will affect the currently approved collection.

IRS - OMB REVIEW REQUEST FORM
Request for OMB review of currently approved document:
Date:

Name:

01/27/2012

(Continued)

Neal Dickman

Office Symbols: SE:W:CAR:MP:T:B:C
Phone Number:

Additional Information:

2

(202) 622-5013