Work Opportunity Tax Credit Statistics for Virginia

In 2019 the state of Virginia issued 37,822 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 Virginia issued 2.79% of WOTC Tax Credits in 2019.

Work Opportunity Tax Credit Statistics for Virginia 2019:

WOTC Target Group Total Credits Percentage
SNAP (FS) 29,281 77.42%
IV-A (TANF) 1,889 4.99%
Veteran unemp. 6 Mo. 1,588 4.20%
Long term IV-A (TANF) 1,576 4.17%
Designated Community Resident 923 2.44%
Ex-felon 760 2.01%
Veteran unemp. 4 Wk 714 1.89%
SSI Recipient 343 0.91%
Long Term Unemployment 277 0.73%
Veteran Receiving SNAP 207 0.55%
Ticket Holder 89 0.24%
Vocational Rehabilitation 73 0.19%
Disabled Veteran unemp. 6 Mo. 50 0.13%
Disabled Veteran 48 0.13%
Summer Youth 4 0.01%

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

 

Virginia WOTC Tax Credit Certifications 2014 – 2019:

WOTC Certifications Current Pending* Denials Total Requests
2019 37.822 102,494 38,862 179,178
2018 52,982 60,956 37,162 151,100
2017 36,538 29,345 51,818 117,701
2016 62,711 7,302 82,666 152,679
2015 46,306 44,705 55,271 146,282
2014 35,590 50,799 71,271 157,660

*Pending at time of publishing (May 2020).

 

About Our WOTC Screening Services

Contact Us for More Information or To Get Started Today

In over 20 years of performing 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.

 

Request Information About the Work Opportunity Tax Credit:

Your Name (required)

Your Email (required)

Your Company (required)

Your LinkedIn Profile

Select Webinar Date:
Request a webinar

Questions or Comments

Share Button