Who typically qualifies for the Work Opportunity Tax Credit?

The Work Opportunity Tax Credit (WOTC) is designed to incentivize employers to hire individuals from certain target groups that face barriers to employment. One of the primary groups qualifying for this credit includes individuals with disabilities, particularly those who are referred to employers through specific agencies, which may include state vocational rehabilitation agencies or other organizations that support individuals with disabilities.

This targeted approach encourages employers to provide opportunities to a population that may require additional support in securing and maintaining employment. By offering this tax credit, the program aims to reduce unemployment in these groups and promote inclusivity in the workforce.

The other options either lack specificity regarding qualifications or do not align with the intent of the WOTC. For example, not all new employees qualify, as the credit is limited to specific groups. While veterans are a target group for the WOTC, the statement that "only veterans" qualify is too restrictive, as there are several other groups, including individuals with disabilities, who are eligible. Additionally, the WOTC does not focus on whether individuals work part-time; rather, it emphasizes the target populations mentioned.