Work Opportunity Tax Credit Statistics for North Carolina

In 2020 the state of North Carolina issued 61,880 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, North Carolina issued 3.82% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for North Carolina 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 50,719 81.96%
Ex-felon 4,104 6.63%
SSI Recipient 2,385 3.85%
Vocational Rehabilitation 1,340 2.17%
Veteran unemp. 4 Wk 940 1.52%
Veteran unemp. 6 Mo. 920 1.49%
Veteran Receiving SNAP 444 0.72%
Ticket Holder 326 0.53%
IV-A (TANF) 197 0.32%
Long Term Unemployment 161 0.26%
Designated Community Resident 144 0.23%
Long term IV-A (TANF) 134 0.22%
Disabled Veteran unemp. 6 Mo. 39 0.06%
Disabled Veteran 27 0.04%
Summer Youth 0 0.00%

In 2020 the state of North Carolina issued 61,880 Work Opportunity Tax Credit certifications, or 3.82% overall.

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

 

North Carolina WOTC Tax Credit Certification 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 61,880 66,968 91,470 220,318
2019 80,055 56,037 104,751 240,843
2018 67,730 51,212 77,340 196,282
2017 74,825 36,104 83,658 194,587
2016 100,608 38,920 132,765 272,293
2015 101,849 94,488 98,684 295,021
2014 23,436 151,581 18,994 194,011

*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