Work Opportunity Tax Credit Statistics for Wisconsin

In 2020 the state of Wisconsin issued 39,728 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 Wisconsin issued 2.45% of WOTC Tax Credits in 2020.

 

Work Opportunity Tax Credit Statistics for Wisconsin 2020:

WOTC Target Group Total Credits Percentage
SNAP (FS) 21,104 53.12%
IV-A (TANF) 6,937 17.46%
Ex-felon 3,848 9.69%
Long term IV-A (TANF) 1,772 4.46%
SSI Recipient 1,671 4.21%
Vocational Rehabilitation 1,458 3.67%
Veteran unemp. 4 Wk 976 2.46%
Veteran unemp. 6 Mo. 864 2.17%
Long Term Unemployment 571 1.44%
Veteran Receiving SNAP 436 1.10%
Disabled Veteran unemp. 6 Mo. 47 0.12%
Designated Community Resident 43 0.11%
Disabled Veteran 1 0.00%
Ticket Holder 0 0.00%
Summer Youth 0 0.00%

In 2020 the state of Wisconsin issued 39,728 Work Opportunity Tax Credit certifications, or 2.45% overall.

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

 

Wisconsin WOTC Tax Credit Certifications 2014 – 2020:

WOTC Certifications Current Pending* Denials Total Requests
2020 39,728 35,909 51,325 126,962
2019 47,927 32,975 73,259 154,161
2018 79,533 40,661 64,883 185,077
2017 42,494 32,092 31,275 105,861
2016 26,972 18,472 18,126 63,570
2015 23,092 5,337 16,255 44,684
2014 26,180 19,162 19,813 65,155

*Pending at time of publishing (February 2021).

 

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