In 2018 the state of Michigan issued 85,062 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 Michigan issued 3.86 of WOTC Tax Credits in 2018. Michigan was among the top ten WOTC Tax Credit issuers in 2018 and issued the most certifications for Vocational Rehabilitation.
Work Opportunity Tax Credit Statistics for Michigan 2018:
|WOTC Target Group||Total Certifications||Percentage|
|SNAP (Food Stamps)||54,119||63.62%|
|Designated Community Resident||4,463||5.25%|
|Long Term Unemployment||211||0.25%|
|Veteran unemployed 4 Weeks||798||0.94%|
|Veteran unemployed 6 Months||46||0.05%|
|Long term IV-A (TANF)||3,298||3.88%|
|Veteran Receiving SNAP||270||0.32%|
|Disabled Veteran unemp. 6 Mo.||5||0.01%|
More about the Work Opportunity Tax Credit’s target groups.
Michigan WOTC Tax Credit Certification 2014 – 2018:
|WOTC Certifications||Current Pending*||Denials||Total Requests|
*Pending at time of publishing (July 2019).
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