Work Opportunity Tax Credit Statistics for Kentucky

In 2018 the state of Kentucky issued 56,993 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.

Nationwide Kentucky issued 2.59% of WOTC Tax Credits in 2018. Kentucky is also among the top ten states in the following categories:  IV-A (TANF), qualified veterans, Ex-felons, Designated Community Residents,, Long Term Unemployment, most requests received, and most pending requests.

Work Opportunity Tax Credit Statistics for Kentucky 2018:

WOTC Target Group Total Certifications Percentage
SNAP (Food Stamps) 29,084 48.48%
Designated Community Resident 6,642 11.07%
SSI Recipient 1,837 3.06%
Ex-felon 7,876 13.13%
Long Term Unemployment 2,143 3.57%
Veteran unemployed 4 Weeks 885 1.48%
Veteran unemployed 6 Months 3,870 6.45%
IV-A (TANF) 2,238 3.73%
Long term IV-A (TANF) 3,086 5.14%
Veteran Receiving SNAP 1,009 1.68%
Ticket Holder 195 0.33%
Vocational Rehabilitation 789 1.32%
Disabled Veteran unemp. 6 Mo. 100 0.17%
Disabled Veteran 219 0.37%
Summer Youth 20 0.03%

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

 

Kentucky WOTC Tax Credit Certification 2014 – 2018:

WOTC Certifications Current Pending* Denials Total Requests
2018 56,993 148,304 60,592 265,889
2017 63,078 110,383 78,159 251,620
2016 39,540 120,658 54,185 214,383
2015 40,994 91,271 37,346 169,611
2014 18,476 61,581 18,849 98,906

*Pending at time of publishing (July 2019).

 

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