Work Opportunity Tax Credit Statistics for Rhode Island

In 2018 the state of Rhode Island issued 4,830 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 Rhode Island issued 0.22% of WOTC Tax Credits in 2018.

Work Opportunity Tax Credit Statistics for Rhode Island 2018:

WOTC Target Group Total Certifications Percentage
SNAP (Food Stamps) 1,762 36.48%
Designated Community Resident 5 0.10%
SSI Recipient 96 1.99%
Ex-felon 13 0.27%
Long Term Unemployment 65 1.35%
Veteran unemployed 4 Weeks 35 0.72%
Veteran unemployed 6 Months 46 0.95%
IV-A (TANF) 19 0.39%
Long term IV-A (TANF) 2,698 55.86%
Veteran Receiving SNAP 12 0.25%
Ticket Holder 0 0.00%
Vocational Rehabilitation 73 1.51%
Disabled Veteran unemp. 6 Mo. 4 0.08%
Disabled Veteran 2 0.04%
Summer Youth 0 0.00%

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

Rhode Island WOTC Tax Credit Certifications 2014 – 2018:

WOTC Certifications Current Pending* Denials Total Requests
2018 4,830 0 2,920 7,750
2017 3,710 11,797 3,948 19,455
2016 4,748 12,817 1,997 19,562
2015 5,855 11,666 3,235 20,756
2014 6,797 12,818 1,958 21,573

*Pending at time of publishing (July 2019).

 

About Our WOTC Screening Services

Contact Us for More Information or To Get Started Today

In our 21+ years of performing WOTC Screening and Administration we’ve saved millions for our customers.

Contact CMS today to start taking advantage. Call 800-517-9099, or click here to use our contact form to ask any questions.

 

Upcoming Work Opportunity Tax Credit Webinar Dates:

Your Name (required)

Your Email (required)

Your Company (required)

Your LinkedIn Profile

Select Webinar Date:
Request a webinar

Questions or Comments

Share Button