Work Opportunity Tax Credit Statistics for Connecticut

In 2021 the state of Connecticut issued 46,361 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 2021 it was worth approximately $5 Billion dollars to employers. 2,081,474 total Work Opportunity Tax Credits were issued in the United States in 2021. WOTC was renewed for five years, and is currently active through 12/31/2025.

Overall, Connecticut issued 2.23% of WOTC Tax Credits in 2021.

 

Work Opportunity Tax Credit Statistics for Connecticut 2021:

Work Opportunity Tax Credit Statistics Connecticut - 2021

In 2021 the state of Connecticut issued 46,361 Work Opportunity Tax Credit certifications, or 2.23% overall.

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

 

Connecticut WOTC Tax Credit Certification 2014 – 2021:

WOTC Certifications Current Pending* Denials Total Requests
2021 46,361 108,308 59,136 213,805
2020 1,452 165,575 2,450 169,477
2019 4,417 133,302 6,531 144,250
2018 4,967 107,218 4,994 117,179
2017 6,923 83,154 8,869 98,946
2016 5,193 66,046 4,917 76,156
2015 4,836 38,288 3,806 46,930
2014 10,038 16,524 51,425 47,987

*Pending at time of publishing (January 2022).

Related:

Connecticut Among 12 States with WOTC Backlogs That Received Department Of Labor Grants

Connecticut State Senator Pushes for Faster WOTC Processing (Read @ Track Bill.com)
To require the Connecticut Labor Department to process applications for the Work Opportunity Tax Credit and issue the tax credit certifications in a timely manner. Senator Paul Formica is sponsoring this bill.

 

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