In 2018 the state of North Carolina issued 67,730 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 North Carolina issued 3.07% of WOTC Tax Credits in 2018. North Carolina was among the top ten states issuing WOTC Tax Credits for Qualified Veterans, SNAP Recipients and Vocational Rehabilitation referrals.
Work Opportunity Tax Credit Statistics for North Carolina 2018:
WOTC Target Group | Total Certifications | Percentage |
SNAP (Food Stamps) | 54,273 | 80.13% |
Designated Community Resident | 294 | 0.43% |
SSI Recipient | 1,434 | 2.12% |
Ex-felon | 2,762 | 4.08% |
Long Term Unemployment | 97 | 0.14% |
Veteran unemployed 4 Weeks | 2,803 | 4.14% |
Veteran unemployed 6 Months | 1,708 | 2.52% |
IV-A (TANF) | 233 | 0.34% |
Long term IV-A (TANF) | 144 | 0.21% |
Veteran Receiving SNAP | 734 | 1.08% |
Ticket Holder | 97 | 0.14% |
Vocational Rehabilitation | 2,432 | 3.59% |
Disabled Veteran unemp. 6 Mo. | 360 | 0.53% |
Disabled Veteran | 359 | 0.53% |
Summer Youth | 0 | 0.00% |
More about the Work Opportunity Tax Credit’s target groups.
North Carolina WOTC Tax Credit Certification 2014 – 2018:
WOTC Certifications | Current Pending* | Denials | Total Requests | |
2018 | 67,730 | 51,212 | 77,340 | 196,282 |
2017 | 74,825 | 36,104 | 83,658 | 194,587 |
2016 | 100,608 | 38,920 | 132,765 | 272,293 |
2015 | 101,849 | 94,488 | 98,684 | 295,021 |
2014 | 23,436 | 151,581 | 18,994 | 194,011 |
*Pending at time of publishing (July 2019).
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