Work Opportunity Tax Credit Statistics for New Hampshire

In 2020 the state of New Hampshire issued 1,531 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, New Hampshire issued 0.09% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for New Hampshire 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 742 48.47%
Long term IV-A (TANF) 235 15.35%
SSI Recipient 151 9.86%
Veteran unemp. 6 Mo. 101 6.60%
Ticket Holder 30 1.96%
Veteran unemp. 4 Wk 46 3.00%
Designated Community Resident 69 4.51%
Long Term Unemployment 86 5.62%
IV-A (TANF) 18 1.18%
Vocational Rehabilitation 17 1.11%
Ex-felon 14 0.91%
Veteran Receiving SNAP 12 0.78%
Disabled Veteran 8 0.52%
Disabled Veteran unemp. 6 Mo. 2 0.13%
Summer Youth 0 0.00%

In 2020 the state of New Hampshire issued 1,531 Work Opportunity Tax Credit certifications, or 0.09% overall.

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

 

New Hampshire WOTC Tax Credit Certification 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 1,531 8,458 5,063 15,052
2019 5,578 3,921 10,736 20,235
2018 3,109 8,994 8,738 20,841
2017 1,307 13,335 5,380 20,022
2016 2,436 10,000 4,967 17,403
2015 3,363 4,271 8,274 15,908
2014 3,645 5,930 6,496 16,071

*Pending at time of publishing (February 2021).

 

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