Work Opportunity Tax Credit Statistics for South Dakota

In 2023 the state of South Dakota issued 3,486 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 2023 it was worth approximately $4.7 Billion dollars to employers. 1,982,858 total Work Opportunity Tax Credits were issued in the United States in 2023. WOTC was renewed for five years, and is currently active through 12/31/2025.

Nationwide, South Dakota issued 0.18% of WOTC Tax Credits in 2023.

 

Work Opportunity Tax Credit Statistics by Target Group for South Dakota 2023:

Work-Opportunity-Tax-Credit-Statistics-for-South-Dakota-2023

In 2023 the state of South Dakota issued 3,486 Work Opportunity Tax Credit certifications, or 0.18% overall.

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

 

South Dakota WOTC Tax Credit Certifications 2014 – 2023:

WOTC Certifications Current Pending* Denials Total Requests
2023 3,486 20,433 5,483 29,402
2022 3,169 12,435 4,612 20,216
2021 3,343 7,186 4,741 15,270
2020 2,987 2,715 2,970 8,672
2019 4,192 103 4,773 9,068
2018 4,596 180 4,397 9,173
2017 5,016 137 4,928 10,081
2016 8,217 242 7,010 15,469
2015 6,701 1,775 6,068 14,544
2014 1,605 31 1,528 3,164

*Pending at time of publishing (February 2024).

 

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