Work Opportunity Tax Credit Statistics for South Carolina

In 2020 the state of South Carolina issued 31,248 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, South Carolina issued 1.93% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for South Carolina 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 22,229 71.14%
Veteran unemp. 6 Mo. 1,489 4.77%
Ex-felon 1,482 4.74%
Veteran unemp. 4 Wk 1,395 4.46%
SSI Recipient 906 2.90%
Vocational Rehabilitation 764 2.44%
Long term IV-A (TANF) 720 2.30%
IV-A (TANF) 603 1.93%
Long Term Unemployment 539 1.72%
Designated Community Resident 418 1.34%
Veteran Receiving SNAP 397 1.27%
Ticket Holder 252 0.81%
Disabled Veteran unemp. 6 Mo. 37 0.12%
Disabled Veteran 17 0.05%
Summer Youth 0 0.00%

In 2020 the state of South Carolina issued 31,248 Work Opportunity Tax Credit certifications, or 1.93% overall.

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

 

South Carolina WOTC Tax Credit Certifications 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 31,248 5,720 51,374 88,342
2019 39,556 5,456 55,544 100,556
2018 41,449 8,220 51,947 101,616
2017 41,817 9,214 48,526 99,557
2016 75,438 12,931 68,660 157,029
2015 45,011 50,684 35,429 131,124
2014 15,817 49,766 14,692 80,275

*Pending at time of publishing (February 2021).

 

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