Work Opportunity Tax Credit Statistics for Arkansas

In 2018 the state of Arkansas issued 37,547 Work Opportunity Tax Credit certifications.

The Work Opportunity Tax Credit, known as WOTC, is a federal tax credit available to employers who hire individuals from target groups, that include qualified Veterans, individuals on food stamps and more. The Work Opportunity Tax Credit is available throughout the United States, and in 2018 it was worth $5.3 Billion dollars to employers. 2,204,142 total Work Opportunity Tax Credits were issued in the United States in 2018. Overall, Arkansas issued 1.70% of WOTC Tax Credits in 2018.

Work Opportunity Tax Credit Statistics for Arkansas 2018:

WOTC Target Group Total Certifications Percentage
SNAP (Food Stamps) 21,011 55.96%
Designated Community Resident 7,654 20.39%
SSI Recipient 1,314 3.50%
Ex-felon 3,678 9.80%
Long Term Unemployment 675 1.80%
Veteran unemployed 4 Weeks 989 2.63%
Veteran unemployed 6 Months 739 1.97%
IV-A (TANF) 232 0.62%
Long term IV-A (TANF) 635 1.69%
Veteran Receiving SNAP 101 0.27%
Ticket Holder 86 0.23%
Vocational Rehabilitation 49 0.13%
Disabled Veteran unemp. 6 Mo. 260 0.69%
Disabled Veteran 86 0.23%
Summer Youth 38 0.10%

 

More about the Work Opportunity Tax Credit’s target groups.

 

Arkansas WOTC Tax Credit Certification 2015 – 2018:

WOTC Certifications Current Pending* Denials Total Requests
2018 37,547 20 57,225 94,792
2017 19,599 34,068 33,662 87,329
2016 19,610 45,878 22,933 88,421
2015 25,913 19,217 31,606 76,736
2014 11,622 30,017 13,876 55,515

*Pending at time of publishing (July 2019).

 

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