In 2019 the state of Georgia issued 92,679 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 2019 it was worth $4.9 Billion dollars to employers. 2,066,616 total Work Opportunity Tax Credits were issued in the United States in 2019.
Overall, Georgia issued 4.48% of WOTC Tax Credits in 2019, and came first in the Veteran unemp. 4 Wk category.
Work Opportunity Tax Credit Statistics for Georgia 2019:
|WOTC Target Group||Total Credits||Percentage|
|Veteran unemp. 4 Wk||8,101||8.74%|
|Veteran unemp. 6 Mo.||5,042||5.44%|
|Long Term Unemployment||2,995||3.23%|
|Veteran Receiving SNAP||1,257||1.36%|
|Designated Community Resident||647||0.70%|
|Long term IV-A (TANF)||608||0.66%|
|Disabled Veteran unemp. 6 Mo.||502||0.54%|
More about the Work Opportunity Tax Credit’s target groups.
Georgia WOTC Tax Credit Certification 2014 – 2019:
|WOTC Certifications||Current Pending*||Denials||Total Requests|
*Pending at time of publishing (May 2020).
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