Work Opportunity Tax Credit Statistics for Connecticut

In 2020 the state of Connecticut issued 1,452 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 2020 it was worth approximately $3.8 Billion dollars to employers. 1,620,806 total Work Opportunity Tax Credits were issued in the United States in 2020. WOTC was renewed for five years in 2020, and is active through 12/31/2025.

Overall, Connecticut issued 0.09% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for Connecticut 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 1,116 76.86%
IV-A (TANF) 102 7.02%
Long term IV-A (TANF) 98 6.75%
Ex-felon 48 3.31%
Designated Community Resident 35 2.41%
SSI Recipient 21 1.45%
Summer Youth 14 0.96%
Vocational Rehabilitation 7 0.48%
Veteran unemp. 6 Mo. 6 0.41%
Veteran unemp. 4 Wk 3 0.21%
Long Term Unemployment 1 0.96%
Ticket Holder 1 0.07%
Veteran Receiving SNAP 0 0.00%
Disabled Veteran 0 0.00%
Disabled Veteran unemp. 6 Mo. 0 0.00%

In 2020 the state of Connecticut issued 1,452 Work Opportunity Tax Credit certifications, or 0.09% overall.

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

 

Connecticut WOTC Tax Credit Certification 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
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 (February 2021).

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.

 

About Our WOTC Screening Services

Contact Us for More Information or To Get Started Today

In our 23+ 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.

 

    How can we help you?:

    Share Button