Work Opportunity Tax Credit Statistics for Kentucky

In 2019 the state of Kentucky issued 48,028 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.

Nationwide Kentucky issued 2.32% of WOTC Tax Credits in 2019.

Work Opportunity Tax Credit Statistics for Kentucky 2019:

WOTC Target Group Total Credits Percentage
SNAP (FS) 22,085 45.98%
Ex-felon 8,922 18.58%
Designated Community Resident 4,352 9.06%
Long term IV-A (TANF) 3,116 6.49%
Veteran unemp. 6 Mo. 2,529 5.27%
Long Term Unemployment 2,257 4.70%
IV-A (TANF) 1,933 4.02%
SSI Recipient 1,517 3.16%
Veteran unemp. 4 Wk 666 1.39%
Veteran Receiving SNAP 342 0.71%
Ticket Holder 160 0.33%
Disabled Veteran unemp. 6 Mo. 57 0.12%
Vocational Rehabilitation 45 0.09%
Summer Youth 26 0.05%
Disabled Veteran 21 0.04%

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

 

Kentucky WOTC Tax Credit Certification 2014 – 2019:

WOTC Certifications Current Pending* Denials Total Requests
2019 48,028 162,899 85,219 296,146
2018 56,993 148,304 60,592 265,889
2017 63,078 110,383 78,159 251,620
2016 39,540 120,658 54,185 214,383
2015 40,994 91,271 37,346 169,611
2014 18,476 61,581 18,849 98,906

*Pending at time of publishing (May 2020).

 

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