The Jeffersonville Urban Enterprise Association is pleased to offer College Scholarships once again!
JUEA is offering two types of scholarships as follows:
1 – Full Time Student Scholarship: Two (2) awards for one-year scholarships in the amount of $5,000 each
- Full Time students must be enrolled at a minimum of twelve (12) credit hours
2 – Part Time Student Scholarship: Up to five (5) awards for one-year scholarships of $2,000 each
Renewing your Scholarship?
Download the Renewal Scholarship Application for the 2016-2017 Academic Year.
Employee Tax Deduction
Qualified Employee Deductions are a tax benefit applies to individual taxpayers who live and work in the Zone.
For the purposes of this deduction, a “qualified employee” is defined the same as it is for the Employee Expense Credit.
- have their principal place of residence in the UEZ in which they are employed;
- perform services, at least 90% of which are directly related to business in the UEZ;
- spend at least 50% of their time working at the UEZ business.
On their Indiana State Income Tax return, Qualified Employees may deduct ½ of their Enterprise Zone income, or $7,500, whichever is less.
The employee’s employer must complete (sign) Schedule IT-40QEC. The employee should attach this form to their State Tax return.