Work Opportunity Tax Credit Statistics for Mississippi

In 2019 the state of Mississippi issued 38,714 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 Mississippi issued 1.87% of WOTC Tax Credits in 2019.

Work Opportunity Tax Credit Statistics for Mississippi 2019:

WOTC Target Group Total Credits Percentage
SNAP (FS) 23,656 61.10%
Long Term Unemployment 4,565 11.79%
Designated Community Resident 4,523 11.68%
Veteran unemp. 4 Wk 1,851 4.78%
Veteran unemp. 6 Mo. 1,679 4.34%
Ex-felon 848 2.19%
Veteran Receiving SNAP 527 1.36%
SSI Recipient 406 1.05%
Long term IV-A (TANF) 162 0.42%
Vocational Rehabilitation 153 0.40%
Disabled Veteran 123 0.32%
IV-A (TANF) 81 0.21%
Summer Youth 72 0.19%
Disabled Veteran unemp. 6 Mo. 57 0.15%
Ticket Holder 11 0.03%

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

Mississippi WOTC Tax Credit Certification 2014 – 2019:

WOTC Certifications Current Pending* Denials Total Requests
2019 38,714 3,348 34,724 76,786
2018 39,976 17,463 16,120 73,559
2017 26,068 26,315 21,136 73,519
2016 42,464 19,450 31,546 93,460
2015 21,058 34,803 24,117 79,978
2014 15,493 30,378 4,108 49,979

*Pending at time of publishing (May 2020).

 

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