Tag Archives: Connecticut
Often overshadowed by their tax time counterpart – the federal income tax – state income tax rates generally receive less attention. However, they can definitely impact your overall bill, depending on where you live, where you work, and the total amount you earn. State Taxation of Residents States typically use one of three methods to […]
— Read moreThe Earned Income Tax Credit helps to keep poverty levels low by putting more of the taxpayers’ money back into their hands. Lower income residents in Connecticut should be aware that the state offers their own version of an EITC, which is modeled after the structure of the federal credit. Connecticut taxpayers must meet the […]
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