Work Opportunity Tax Credit Statistics for Nebraska

In 2020 the state of Nebraska issued 10,783 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, Nebraska issued 0.67% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for Nebraska 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 6,835 63.39%
Designated Community Resident 1,208 11.20%
Ex-felon 841 7.80%
IV-A (TANF) 411 3.81%
Veteran unemp. 6 Mo. 305 2.83%
Long Term Unemployment 282 2.62%
Veteran unemp. 4 Wk 220 2.04%
Vocational Rehabilitation 202 1.87%
SSI Recipient 190 1.76%
Long term IV-A (TANF) 160 1.48%
Veteran Receiving SNAP 71 0.66%
Ticket Holder 33 0.31%
Disabled Veteran unemp. 6 Mo. 18 0.17%
Disabled Veteran 7 0.06%
Summer Youth 0 0.00%

In 2020 the state of Nebraska issued 10,783 Work Opportunity Tax Credit certifications, or 0.67% overall.

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

 

Nebraska WOTC Tax Credit Certification 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 10,783 1,035 13,517 25,335
2019 14,281 617 14,201 29,099
2018 12,361 1,346 11,466 25,173
2017 33,491 3,478 36,261 73,230
2016 13,906 48,267 6,764 68,937
2015 5,372 30,867 3,905 40,144
2014 11,359 19,143 9,102 39,604

*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