17.271: Work Opportunity Tax Credit Program (WOTC)
Alternate Name: WOTC
Overview
Program Number
17.271
Status
Active
Last Modified
Aug. 22, 2022
Date Posted
Aug. 22, 2022
Objective
This federal tax credit was designed to help individuals from certain target groups who consistently face significant barriers to employment move from economic dependency to self-sufficiency by encouraging businesses to hire target group members and be eligible to claim tax credits against the wages paid to the new hires during the first year of employment.
Type of Assistance
A - Formula Grants
Applicant Eligibility
States (not individuals), the District of Columbia, the Virgin Islands, and Puerto Rico.
Beneficiary Eligibility
Beneficiaries are all employers seeking WOTC target group workers and members of those target groups seeking employment. The members of the different target groups have statutory definitions (per Public Law 104-188, as amended) with specific eligibility requirements that must be verified by the State Workforce Agencies before a new hire certification can be issued to an employer or his/her representative. Participating employers and their representatives must file their certification requests with State Workforce Agencies using IRS Form 8850 and ETA Form 9061 or 9062 within 28 days after the employment start day of the new hires.
Related Programs
Additional Information
Federal Award Analysis
Work Opportunity Tax Credit Program (WOTC) grant spending
$-
Contracts
$-
Subcontracts
$-
Grants
$-
Subgrants
$-
Total
No Results
Calculating
Calculating
No Results
Calculating
Calculating
No Results
Calculating
Calculating
| Year | Contracts | Subcontracts | Grants | Subgrants |
|---|
No Results
Calculating
Calculating
No Results
Calculating
Calculating
Grant Awards
Work Opportunity Tax Credit Program (WOTC) direct grants
Grant Opportunities