Work Opportunity Tax Credit Funding Allotments for Fiscal Year 2023
- Currently Closed
Open Date:
Close Date:
Upcoming Milestones:
Eligible Recipients:
- State Governments
Program Purpose:
- Economic Development
- Education and Workforce Development
Reserved for Energy
Communities?
Bureau/Office
Funded by:
Overview
The WOTC is set forth under section 51 of the Internal Revenue Code of 1986, as amended (26 U.S.C. sec. 51), and is effective until December 31, 2025, under the Consolidated Appropriations Act, 2021 (Pub. L. 116-260), Division EE, Title 1, Subtitle B, Section 113. The U.S. Department of the Treasury, through the Internal Revenue Service (IRS), administers all tax-related provisions and requirements of the Federal tax credit. The U.S. Department of Labor, through ETA, awards grants to states for administration of the WOTC.
Related Resources
Additional information is available on the Resources page.Funding Details
Funding Source:
- Annual Appropriation
Funding Type:
Total Amount Available:
Limit per Applicant:
Estimated Awards:
Applicant Guidance
States must enter the state allotment amount in the “Balance to States” column (provided in Attachment I) on their SF-424 Form, Application for Federal Assistance, as their request for additional FY 2023 funding. States selected for FY 2023 WOTC Backlog Award funding must enter the state-specific award amount listed in Section 4 of this TEGL on a separate SF-424 Form. All States must submit an electronically signed copy of the SF-424 through