Work Opportunity Tax Credit Statistics for Rhode Island

In 2021 the state of Rhode Island issued 6,069 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 2021 it was worth approximately $5 Billion dollars to employers. 2,081,474 total Work Opportunity Tax Credits were issued in the United States in 2021. WOTC was renewed for five years, and is currently active through 12/31/2025.

Nationwide, Rhode Island issued 0.29% of WOTC Tax Credits in 2021.

 

Work Opportunity Tax Credit Statistics by Target Group for Rhode Island 2021:

Work-Opportunity-Tax-Credit-Statistics-Rhode-Island-2021

In 2021 the state of Rhode Island issued 6,069 Work Opportunity Tax Credit certifications, or 0.29% overall.

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

 

Rhode Island WOTC Tax Credit Certifications 2014 – 2021:

WOTC Certifications Current Pending* Denials Total Requests
2021 6,069 2,034 7,400 15,503
2020 10,332 13,704 7,248 31,284
2019 4,626 12,793 5,816 23,235
2018 4,830 0 2,920 7,750
2017 3,710 11,797 3,948 19,455
2016 4,748 12,817 1,997 19,562
2015 5,855 11,666 3,235 20,756
2014 6,797 12,818 1,958 21,573

*Pending at time of publishing (January 2022).

 

About Our WOTC Screening Services

Contact Us for More Information or To Get Started Today

In our 25 years of offering 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