Work Opportunity Tax Credit Statistics for Montana

In 2020 the state of Montana issued 3,096 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. WOTC was renewed for five years in 2020, and is active through 12/31/2025.

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.

Nationwide, Montana issued 0.19% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for Montana 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 1,637 52.87%
Ex-felon 665 21.48%
Designated Community Resident 227 7.33%
Veteran unemp. 6 Mo. 178 5.75%
Veteran unemp. 4 Wk 108 3.49%
SSI Recipient 104 3.36%
Long Term Unemployment 63 2.03%
IV-A (TANF) 40 1.29%
Long term IV-A (TANF) 28 0.90%
Veteran Receiving SNAP 15 77.00%
Ticket Holder 14 0.45%
Disabled Veteran unemp. 6 Mo. 10 0.32%
Vocational Rehabilitation 7 0.23%
Disabled Veteran 0 0.00%
Summer Youth 0 0.00%

In 2020 the state of Montana issued 3,096 Work Opportunity Tax Credit certifications, or 0.19% overall. Montana was among the states with the least WOTC requests, and are one of three states that are completely caught up!

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

 

Montana WOTC Tax Credit Certifications 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 3,096 0 5,384 8,480
2019 3,861 0 7,611 11,472
2018 6,231 0 10,323 16,554
2017 3,959 0 12,835 16,794
2016 7,340 14,203 3,848 25,391
2015 2,068 490 3,831 6,389
2014 1,830 381 6,394 8,605

*Pending at time of publishing (February 2021).

 

About Our WOTC Screening Services

Contact Us for More Information or To Get Started Today

In our 23+ years of performing WOTC Screening and Administration we’ve saved millions for our customers.

Contact CMS today to start taking advantage. Call 800-517-9099, or click here to use our contact form to ask any questions.

 

    How can we help you?:

    Share Button