Work Opportunity Tax Credit Statistics for the U.S. Virgin Islands

In 2020 the U.S. Virgin Islands issued 24 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, the U.S. Virgin Islands issued 0.001% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for the U.S. Virgin Islands 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 24 100.00%
Veteran Receiving SNAP 0 0.00%
Disabled Veteran 0 0.00%
Disabled Veteran unemp. 6 Mo. 0 0.00%
Veteran unemp. 4 Wk 0 0.00%
Veteran unemp. 6 Mo. 0 0.00%
Ex-felon 0 0.00%
Summer Youth 0 0.00%
Designated Community Resident 0 0.00%
Vocational Rehabilitation 0 0.00%
Ticket Holder 0 0.00%
IV-A (TANF) 0 0.00%
SSI Recipient 0 0.00%
Long term IV-A (TANF) 0 0.00%
Long Term Unemployment 0 0.00%

In 2020 the U.S. Virgin Islands issued just 24 Work Opportunity Tax Credit certifications, or 0.001% overall. The only target group certifications were issued for was SNAP (food stamps). Virgin Islands received the least overall requests for WOTC Certification.

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

 

The U.S. Virgin Islands WOTC Tax Credit Certifications 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 24 825 38 887
2019 101 729 167 997
2018 85 227 71 383
2017 58 227 75 360
2016 53 349 46 448
2015 66 349 76 491
2014 73 341 58 472

*Pending at time of publishing (February 2021).

 

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