Work Opportunity Tax Credit Statistics for Oklahoma

In 2018 the state of Oklahoma issued 25,336 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 Oklahoma issued 1.15% of WOTC Tax Credits in 2018.

Work Opportunity Tax Credit Statistics for Oklahoma 2018:

WOTC Target Group Total Certifications Percentage
SNAP (Food Stamps) 18,441 72.79%
Designated Community Resident 1,466 5.79%
SSI Recipient 293 1.16%
Ex-felon 1,355 5.35%
Long Term Unemployment 592 2.34%
Veteran unemployed 4 Weeks 567 2.24%
Veteran unemployed 6 Months 1,641 6.48%
IV-A (TANF) 201 0.79%
Long term IV-A (TANF) 114 0.45%
Veteran Receiving SNAP 244 0.96%
Ticket Holder 16 0.06%
Vocational Rehabilitation 298 1.18%
Disabled Veteran unemp. 6 Mo. 77 0.30%
Disabled Veteran 14 0.06%
Summer Youth 17 0.07%

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

Oklahoma WOTC Tax Credit Certification 2014 – 2018:

WOTC Certifications Current Pending* Denials Total Requests
2018 25,336 68,754 24,425 118,515
2017 38,092 72,092 23,056 133,240
2016 30,094 77,023 33,320 140,437
2015 35,922 63,273 15,808 115,003
2014 25,254 60,736 53,456 139,446

*Pending at time of publishing (July 2019).

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