Work Opportunity Tax Credit Statistics for Florida

In 2018 the state of Florida issued 111,268 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, Florida issued 5.05% of WOTC Tax Credits in 2018.

Work Opportunity Tax Credit Statistics for Florida 2018:

WOTC Target Group Total Certifications Percentage
SNAP (Food Stamps) 89,236 80.20%
Designated Community Resident 640 0.58%
SSI Recipient 921 0.83%
Ex-felon 1,304 1.17%
Long Term Unemployment 1,398 1.26%
Veteran unemployed 4 Weeks 5,471 4.92%
Veteran unemployed 6 Months 249 0.22%
IV-A (TANF) 1,653 1.49%
Long term IV-A (TANF) 3,266 2.94%
Veteran Receiving SNAP 1,955 1.76%
Ticket Holder 20 0.02%
Vocational Rehabilitation 1,897 1.70%
Disabled Veteran unemp. 6 Mo. 3,179 2.86%
Disabled Veteran 61 0.05%
Summer Youth 18 0.02%

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

 

Florida WOTC Tax Credit Certification 2014 – 2018:

WOTC Certifications Current Pending* Denials Total Requests
2018 111,268 1,057 183,117 295,442
2017 116,558 1,061 201,700 319,319
2016 204,019 53,742 199,867 457,628
2015 122,988 141,898 149,912 414,798
2014 42,115 150,690 45,666 235,471

*Pending at time of publishing (July 2019).

 

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