Software/Cybersecurity Workforce Tax Credit

Are you an Oklahoma software/cybersecurity employee with a degree from an ABET accredited institution? You might be eligible for a tax credit. Learn more here. The Software/Cybersecurity Employee Tax Credit provides up to $2,200 annually for qualifying employees who receive a degree from a ABET accredited institution, or $1,800 annually for qualifying employees who are awarded a certificate from a technology center accredited by the Oklahoma State Board of Career and Technology Education. To receive the credit, employees must meet strict educational requirements and obtain employment in a qualified industry for a qualified employer. The credit can be claimed no more than 7 years and cannot be claimed simultaneously by an individual claiming the Aerospace Engineers tax credit. The $1,800 credit is specific to coursework completed at Oklahoma’s Career Tech and a certificate needs to be provided.