Work Opportunity Tax Credit Statistics for Minnesota

In 2018 the state of Minnesota issued 22,779 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 Minnesota issued 1.03% of WOTC Tax Credits in 2018.

Work Opportunity Tax Credit Statistics for Minnesota 2018:

WOTC Target Group Total Certifications Percentage
SNAP (Food Stamps) 8,741 38.37%
Designated Community Resident 1,491 6.55%
SSI Recipient 1,020 4.48%
Ex-felon 808 3.55%
Long Term Unemployment 1,792 7.87%
Veteran unemployed 4 Weeks 466 2.05%
Veteran unemployed 6 Months 488 2.14%
IV-A (TANF) 3,335 14.64%
Long term IV-A (TANF) 3,589 15.76%
Veteran Receiving SNAP 115 0.50%
Ticket Holder 73 0.32%
Vocational Rehabilitation 809 3.55%
Disabled Veteran unemp. 6 Mo. 32 0.14%
Disabled Veteran 7 0.03%
Summer Youth 13 0.06%

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

Minnesota WOTC Tax Credit Certification 2014 – 2018:

WOTC Certifications Current Pending* Denials Total Requests
2018 22,779 71,751 50,633 145,163
2017 21,879 74,558 36,053 132,490
2016 27,828 57,998 47,516 133,342
2015 20,916 56,471 26,861 104,248
2014 12,561 43,192 26,001 81,754

*Pending at time of publishing (July 2019).

 

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