Work Opportunity Tax Credit Statistics for Indiana

In 2020 the state of Indiana issued 26,768 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.

Nationwide, Indiana issued 1.65% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for Indiana 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 11,900 44.46%
Long term IV-A (TANF) 5,796 21.65%
Ex-felon 2,791 10.43%
Long Term Unemployment 1,964 7.34%
SSI Recipient 1,720 6.43%
Veteran unemp. 4 Wk 975 3.64%
Veteran unemp. 6 Mo. 717 2.68%
Designated Community Resident 413 1.54%
Vocational Rehabilitation 315 1.18%
Veteran Receiving SNAP 60 0.22%
Ticket Holder 74 0.28%
Disabled Veteran unemp. 6 Mo. 17 0.06%
IV-A (TANF) 14 0.05%
Summer Youth 10 0.04%
Disabled Veteran 2 0.01%

In 2020 the state of Indiana issued 26,768 Work Opportunity Tax Credit certifications, or 1.65% overall.

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

 

Indiana WOTC Tax Credit Certification 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 26,768 82,252 47,949 156,969
2019 36,410 42,619 57,633 136,662
2018 49,930 9,953 73,922 133,805
2017 45,266 8,360 21,731 75,357
2016 81,156 28,019 45,964 155,139
2015 62,418 54,249 47,339 164,006
2014 67,176 78,082 77,879 223,137

*Pending at time of publishing (February 2021).

 

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