Work Opportunity Tax Credit Statistics for Massachusetts

In 2023 the state of Massachusetts issued 34,017 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 2023 it was worth approximately $4.7 Billion dollars to employers. 1,982,858 total Work Opportunity Tax Credits were issued in the United States in 2023. WOTC was renewed for five years, and is currently active through 12/31/2025.

Nationwide, Massachusetts issued 1.72% of WOTC Tax Credits in 2023.

 

Work Opportunity Tax Credit Statistics for Massachusetts 2023:

Work-Opportunity-Tax-Credit-Statistics-for-Massachusetts-2023

In 2023 the state of Massachusetts issued 34,017 Work Opportunity Tax Credit certifications, or 1.72% overall.

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

 

Massachusetts WOTC Tax Credit Certification 2014 – 2023:

WOTC Certifications Current Pending* Denials Total Requests
2023 34,017 614 43,390 78,021
2022 44,103 525 52,999 97,627
2021 32,907 5,431 43,366 81,704
2020 21,144 1,250 33,752 56,146
2019 29,006 1,051 55,614 85,671
2018 27,496 2,858 35,677 66,031
2017 29,161 6,214 28,023 63,398
2016 32,633 20,367 38,910 91,910
2015 12,117 47,429 27,509 87,055
2014 12,063 39,288 25,976 77,327

*Pending at time of publishing (February 2024).

 

About Our WOTC Screening Services

Contact Us for More Information or To Get Started Today

In our 25 years of offering WOTC Screening and Administration we’ve saved millions for our customers.

Contact CMS today to start taking advantage. Call 800-517-9099, or click here to use our contact form to ask any questions.

 

    How can we help you?: