Work Opportunity Tax Credit Statistics for Puerto Rico

In 2019 Puerto Rico issued 1,350 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 Puerto Rico issued 0.07% of WOTC Tax Credits in 2019.

Work Opportunity Tax Credit Statistics for Puerto Rico 2019:

WOTC Target Group Total Credits Percentage
SNAP (FS) 1,042 77.19%
Long Term Unemployment 113 8.37%
Vocational Rehabilitation 112 8.30%
Veteran unemp. 6 Mo. 45 3.33%
Long term IV-A (TANF) 18 1.33%
Veteran unemp. 4 Wk 15 1.11%
IV-A (TANF) 4 0.30%
Veteran Receiving SNAP 1 0.07%
Disabled Veteran 0 0.00%
Disabled Veteran unemp. 6 Mo. 0 0.00%
Designated Community Resident 0 0.00%
Ex-felon 0 0.00%
SSI Recipient 0 0.00%
Summer Youth 0 0.00%
Ticket Holder 0 0.00%

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

 

Puerto Rico WOTC Tax Credit Certifications 2014 – 2019:

WOTC Certifications Current Pending* Denials Total Requests
2019 1,350 2,270 1,853 5,473
2018 1,503 6,671 2,787 10,961
2017 1,363 7,132 2,001 10,496
2016 1,378 7,280 1,233 9,891
2015 1,594 5,890 2,045 9,529
2014 965 6,009 1,859 8,833

*Pending at time of publishing (May 2020).

 

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