The Work Opportunity Tax Credit, known as #WOTC, is a federal tax credit available to employers who hire individuals from disadvantaged groups of workers. Including WOTC Screening can save an employer significant amounts of money.
WOTC Screening is used to determine if a new hire is a member of one of the Work Opportunity Tax Credit’s ten target groups that would make the employer eligible to receive a tax credit for hiring the individual.
New hires who fall under one or more of WOTC’s Target Groups may make you eligible for a WOTC Tax Credit. Target Group #8 is the Supplemental Security Income (SSI) Recipient. 60,948 individuals were hired with certification from this group in 2020, 3.76% of the total, making it the sixth overall certified category.
Supplemental Security Income (SSI) Recipient
An individual is a “qualified SSI recipient” if a month for which this person received SSI benefits is within 60 days of the date this person is hired.
The maximum tax credit available for hiring a Supplemental Security Income (SSI) Recipient is $2,400.
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In 25 years of providing valuable WOTC Screening and Administration services we’ve saved millions for our customers.
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About CMS WOTC Screening Services
- Why you should use CMS’s WOTC Tax Screening Service rather than doing it yourself.
- Get an idea of how much you could be saving by utilizing the Work Opportunity Tax Credit for your company, try our WOTC Calculator.
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