Work Opportunity Tax Credit Statistics for Georgia

In 2020 the state of Georgia issued 65,548 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, Georgia issued 4.04% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for Georgia 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 49,250 75.14%
Veteran unemp. 4 Wk 4,462 6.81%
Ex-felon 3,882 5.92%
SSI Recipient 2,768 4.22%
Veteran unemp. 6 Mo. 2,748 4.19%
Veteran Receiving SNAP 437 0.67%
Ticket Holder 411 0.63%
Long Term Unemployment 381 0.00%
IV-A (TANF) 320 0.49%
Long term IV-A (TANF) 314 0.48%
Disabled Veteran unemp. 6 Mo. 312 0.48%
Designated Community Resident 128 0.20%
Disabled Veteran 94 0.14%
Vocational Rehabilitation 41 0.06%
Summer Youth 0 0.00%

In 2020 the state of Georgia issued 65,548 Work Opportunity Tax Credit certifications, or 4.04% overall. Georgia issued the most overall credits for the Veteran unemp. 4 Wk, Disabled Veteran unemp. 6 Mo., and Ticket Holder categories.

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

 

Georgia WOTC Tax Credit Certification 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 65,548 31,154 109,723 206,425
2019 92,679 22,519 158,733 273,931
2018 87,516 83,270 117,333 288,119
2017 67,957 96,202 10,183 266,052
2016 114,042 85,320 150,404 349,766
2015 72,825 130,040 147,428 350,293
2014 35,071 165,631 33,801 234,503

*Pending at time of publishing (February 2021).

 

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