Work Opportunity Tax Credit Statistics for Puerto Rico

In 2018 Puerto Rico issued 1,503 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 Puerto Rico issued 0.07% of WOTC Tax Credits in 2018.

Work Opportunity Tax Credit Statistics for Puerto Rico 2018:

WOTC Target Group Total Certifications Percentage
SNAP (Food Stamps) 1,093 72.72%
Designated Community Resident 0 0.00%
SSI Recipient 0 0.00%
Ex-felon 0 0.00%
Long Term Unemployment 323 21.49%
Veteran unemployed 4 Weeks 14 0.93%
Veteran unemployed 6 Months 30 2.00%
IV-A (TANF) 10 0.67%
Long term IV-A (TANF) 17 1.13%
Veteran Receiving SNAP 0 0.00%
Ticket Holder 0 0.00%
Vocational Rehabilitation 16 1.06%
Disabled Veteran unemp. 6 Mo. 0 0.00%
Disabled Veteran 0 0.00%
Summer Youth 0 0.00%

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

Puerto Rico WOTC Tax Credit Certifications 2014 – 2018:

WOTC Certifications Current Pending* Denials Total Requests
2018 1,503 6,671 2,787 10,961
2017 1,363 7,132 2,001 10,496
2016 1,378 7,280 1,233 9,891
2015 1,594 5,890 2,045 9,529
2014 965 6,009 1,859 8,833

*Pending at time of publishing (July 2019).

 

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