Work Opportunity Tax Credit Statistics for Washington

In 2020 the state of Washington issued 29,619 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, Washington issued 1.83% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for Washington 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 18,109 61.14%
Veteran unemp. 6 Mo. 2,368 7.99%
Veteran unemp. 4 Wk 1,824 6.16%
Ex-felon 1,692 5.71%
Long Term Unemployment 1,563 5.28%
IV-A (TANF) 1,338 4.52%
Long term IV-A (TANF) 1,207 4.08%
SSI Recipient 696 2.35%
Vocational Rehabilitation 462 1.56%
Veteran Receiving SNAP 232 0.78%
Disabled Veteran unemp. 6 Mo. 71 0.24%
Disabled Veteran 57 0.19%
Designated Community Resident 0 0.00%
Ticket Holder 0 0.00%
Summer Youth 0 0.00%

In 2020 the state of Washington issued 29,619 Work Opportunity Tax Credit certifications, or 1.83% overall.

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

 

Washington WOTC Tax Credit Certifications 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 29,619 4,270 51,435 85,324
2019 41,656 1,348 69,012 112,016
2018 39,027 7,821 52,525 99,373
2017 43,218 5,167 70,117 118,502
2016 57,722 91,211 83,369 232,302
2015 37,985 58,462 48,050 144,497
2014 20,295 64,570 20,973 105,838

*Pending at time of publishing (February 2021).

 

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