Category Archives: States
For working families with lower incomes, tax time can be extra stressful. Thankfully, there’s the Earned Income Tax Credit (EITC), which seeks to return more of the taxpayer’s earnings by way of a refund. This credit is an important part of a poverty reduction plan, as it seeks to keep families working even under low […]
— Read moreIn an effort to reduce poverty, the Earned Income Tax Credit (EITC) is an important tax benefit offered to working families with low incomes. Based on the federal credit, The Sooner State has offered a similar version of the credit on the state level. That means that taxpayers who claimed the federal credit will likely […]
— Read moreThe Earned Income Tax Credit (EITC) is put in place to help reduce poverty among working families, and to encourage employment despite low wages. At tax time, the credit can be extremely beneficial to families, as it puts more of their hard earned money back into their hands. The state of Rhode Island has enacted […]
— Read moreThe Earned Income Tax Credit (EITC) is an important tax benefit for working families as it seeks to put more of what the family earned during the year back into their hands. In an effort to keep poverty levels low and help encourage families to continue working regardless of their wages, New York state is […]
— Read moreThe Earned Income Tax Credit (EITC) is one credit offered by the government to working families with low-incomes, in an effort to keep them above the poverty line. The credit also helps to encourage families to continue to work, despite low earnings. The EITC can be a relief at tax time, and for Louisiana residents, […]
— Read moreTax time isn’t necessarily fun for anyone, but Kansas residents join twenty-four other states (and the District of Columbia) in enacting a state version of the Earned Income Tax Credit (EITC), which can help put a little more money back in your pockets. Based directly off the federal government’s version, Kansas residents can judge their […]
— Read moreWhen you file your tax return, you’re likely made aware of whether or not you qualify for a federal earned income tax credit (EITC), and if so, you may also be eligible to receive one on the state level. Taxpayers who live in Colorado follow the federal government’s eligibility requirements. The state EITC offers a […]
— Read moreAt tax time, residents of the District of Columbia have a lot of different tax rules to remember. Fortunately, working families have the advantage of claiming D.C.’s earned income tax credit (EITC), which is modeled after the federal guidelines and eligibility rules. That means if a resident was eligible to claim the federal credit, then […]
— Read moreSeveral states have their own version of an earned income tax credit (EITC), which aims to reduce poverty levels among working class families. The state of Delaware offers taxpayers an earned income tax credit that follows the federal guidelines for eligibility. That means if a Delaware resident was able to claim the federal EITC, they […]
— Read moreThe Earned Income Tax Credit (EITC) plays an important role in keeping working families out of poverty. Along with the federal credit, the state of Maryland offers taxpayers their own version of the credit. Modeled after the federal credit, Maryland’s EITC follows the same eligibility rules. Basically, any taxpayer in the state that was able […]
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