Work Opportunity Tax Credit Statistics for Maine

In 2018 the state of Maine issued 3,121 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 Maine issued 0.14% of WOTC Tax Credits in 2018.

Work Opportunity Tax Credit Statistics for Maine 2018:

WOTC Target Group Total Certifications Percentage
SNAP (Food Stamps) 1,506 48.25%
Designated Community Resident 446 14.29%
SSI Recipient 302 9.68%
Ex-felon 87 2.79%
Long Term Unemployment 32 1.03%
Veteran unemployed 4 Weeks 144 4.61%
Veteran unemployed 6 Months 152 4.87%
IV-A (TANF) 173 5.54%
Long term IV-A (TANF) 166 5.32%
Veteran Receiving SNAP 28 0.90%
Ticket Holder 3 0.10%
Vocational Rehabilitation 40 1.28%
Disabled Veteran unemp. 6 Mo. 12 0.38%
Disabled Veteran 7 0.22%
Summer Youth 23 0.74%

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

Maine WOTC Tax Credit Certification 2014 – 2018:

WOTC Certifications Current Pending* Denials Total Requests
2018 3,121 28,686 3,651 35,458
2017 4,701 25,965 4,370 35,036
2016 5,188 23,687 3,675 32,550
2015 2,663 19,377 2,504 24,544
2014 5,543 12,570 4,566 22,679

*Pending at time of publishing (July 2019).

 

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