Virginia GJC -Application for Green Jobs Creation Tax Credit

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

Application for Green and Alternative Energy
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.
Taxpayer Information
Name

Office Use Only

Trading As
Street Address

FEIN / SSN

City, State, ZIP Code
NAICS Code

Principal Business Locality

Entity Type: (Check One)

Description of Principal Business Activity

  Individual

  C Corporation

  S Corporation

  Partnership

  LLC

 Other ___________________________

Part 1 – Renewable, Alternative Energy Type (Check One)
  Biomass and Biofuel Systems

  Hydropower Systems

  Solar Heating Systems

  Geothermal Heating Systems

  Landfill Gas

  Wind Systems

  Hydrogen and Fuel Cell

  Methane Extracted in Planning District 2

 Other  ____________________________

Part 2 – 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 or alternative energy
job for the creation of any job included in Part 3 of this application. Note: If you applied for a Major Business Facility Job Tax
Credit for the same taxable year, you do not qualify for the Green and Alternative Energy Job Creation Tax Credit.

Part 3 – Tentative Credit Computation
1.
2.

3.
4.

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

1.

Enter the number of green or alternative energy 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 and Alternative Energy Job Creation Tax Credit
is being claimed.............................................................................................................................

2.

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.

Credit Requested: Multiply Line 3 by $500..................................................................................

4. $	

.00

Part 4 – 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. 08/23

Form GJC
Schedule A

Job Title
1

2

3

4

5

6

7

8

Green and Alternative Energy Job Creation Worksheet

Tax Year
__________

Copies of Form 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 and Alternative Energy 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 or alternative energy job created
within Virginia paying an annual salary in excess of $50,000.
For taxable years beginning on and after January 1, 2023,
methane extracted in Planning District 2 has been added to
the list of renewable, alternative energy sources that qualify
for the credit.
Each taxpayer is allowed a credit for up to 350 new green or
alternative energy jobs. In order to qualify for the tax credit, the
taxpayer must have created the green or alternative energy
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 or alternative energy 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 or alternative energy 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 and Alternative Energy
Job Creation Tax Credit and creates green or alternative
energy 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, methane
extracted in Planning District 2, 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.
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.
IMPORTANT: All business taxpayers should be registered
with the Department before completing Form GJC. If you are
not registered, complete Form R-1.

NOTE: By providing an email address on the form, you
consent to allow emailed communications from the Virginia
Department of Taxation related to this tax credit application.
If you do not wish to receive electronic communications, do
not enter an email address in the space provided on the form.

Pass-Through Entities
Each pass-through entity must file Form TCA with the
Department when allocating this credit to the owners. Form
TCA should be filed within 30 days after the credit is granted,
but at least 90 days prior to the participants filing their income
tax returns. Failure to file Form TCA may result in the credit
claim being disallowed and/or a delay in processing the
participant’s return. Form TCA should be sent to the Virginia
Department of Taxation, ATTN: Tax Credit Unit, P.O.
Box 715, Richmond, VA 23218-0715 or you may fax it to
(804) 774-3902. Do not do both.

Credits must be allocated among owners in proportion to
each owner’s percentage of ownership or participation in the
pass-through entity.
All pass-through entities distributing this credit to its participants
including owners, shareholders, partners or members must
give each such participant 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.