Work Opportunity Tax Credit Statistics for Louisiana

In 2020 the state of Louisiana issued 38,832 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, Louisiana issued 2.40% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for Louisiana 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 33,069 85.16%
Ex-felon 1,725 4.44%
Designated Community Resident 974 2.51%
Veteran unemp. 6 Mo. 802 2.07%
Long Term Unemployment 520 1.34%
Vocational Rehabilitation 502 1.29%
IV-A (TANF) 440 1.13%
SSI Recipient 313 0.81%
Veteran unemp. 4 Wk 281 0.72%
Veteran Receiving SNAP 141 0.36%
Long term IV-A (TANF) 46 0.12%
Disabled Veteran 12 0.03%
Disabled Veteran unemp. 6 Mo. 7 0.02%
Ticket Holder 0 0.00%
Summer Youth 0 0.00%

In 2020 the state of Louisiana issued 38,832 Work Opportunity Tax Credit certifications, or 2.40% overall.

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

 

Louisiana WOTC Tax Credit Certification 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 38,832 23,619 50,942 113,393
2019 51,458 24,665 56,871 132,994
2018 33,201 44,393 38,166 115,760
2017 37,879 32,071 42,002 111,952
2016 49,034 37,990 70,812 157,836
2015 66,993 77,543 90,740 235,276
2014 20,583 142,228 12,592 175,403

*Pending at time of publishing (February 2021).

 

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