Bluebar
information


Work Opportunity Tax Credit

When a business takes advantage of the Work Opportunity Tax Credit (WOTC) program they could receive a tax credit every time they hire an eligible new employee.

Administered by the S.C. Department of Employment and Workforce, WOTC is a federally funded tax credit program designed to provide an incentive for businesses to hire unemployed veterans, disabled veterans and individuals with documented barriers to employment.

“For-profit” entities can receive a 40 percent tax credit against first-year qualifying wages paid when new hires have been employed for 400 hours or more. (Qualifying wage caps apply.)

Qualified tax-exempt “not for-profit” 501(c) entities can participate when hiring qualifying veterans only. The credit is 26 percent of the first-year wages when new hires have been employed for 400 hours or more. (Qualifying wage caps apply.)

With absolutely no limit on the number of qualified hires your business can claim, you can receive anywhere from $2,400 to $9,600 for each one of your eligible employees.

The program is simple. Businesses make the hiring decision, and then complete the minimal paperwork to apply for the credit.

You can benefit from hiring within the following groups:

  • Temporary Assistance for Needy Families (TANF) recipient
  • Supplemental Nutrition Assistance Program (SNAP) recipients
  • Marlboro County Rural Renewal Community residents
  • Vocational Rehabilitation or Ticket-to-Work Participants
  • Recently released ex-felons
  • Supplemental Security Income (SSI) recipients
  • Disabled veterans who within the last year were discharged or unemployed for more than six months
  • Unemployed veterans
  • Veterans receiving SNAP
  • Long-term unemployment recipient

You can mail or electronically file your requests. Requests must be postmarked or e-filed within 28 days of the employee’s start date. 

Take advantage of the WOTC program, and increase your return on investment while helping targeted employees become self-sufficient and earn a steady income. 

tools_icon


Tools


Use the following forms to participate in this program. You can request the forms by mail, fax or clicking the links below to view and print. 

For more information, contact S.C. WOTC Coordinator Laura Rushton at 803-737-2592 or lrushton@dew.sc.gov or click here to visit the Department of Labor's website.

Click here to view the brochure for more information.




GreyLine
DEW Logo
Legal | Privacy Statement | Disclaimer 
An Equal Opportunity Employer/Program. 
803.737.2400,  711 (TTY)

Para obtener ayuda, llame al 1.866.572.3148

Copyright ©2017, SC Department of Employment & Workforce | All Rights Reserved 
Auxiliary aids and services available upon request to individuals with disabilities 
Report State Agency Fraud (Office of the Inspector General)

Contact us if you need assistance understanding the language on this website

American Job Center logo