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Her group, which held a press conference at Windham Town Hall, says low-to-moderate income people need to know about the earned income tax credit. The Connecticut Project says last year, 197,000 ...
The state credit is worth 41.5% of the federal EITC’s value, meaning it adds an average of $1,061 to a qualifying household’s Connecticut income tax refund, according to nonpartisan analysts.
The state earned income tax credit, which adds an average of $1,061 to the returns of about 195,000 filers — most earning less than $65,000 per year — would grow by about $250 for those with ...
Some Connecticut lawmakers, along with advocates from the United Way of Connecticut, want to establish a $600 child tax credit for up to three children per family. The plan would phase in at $150 ...
Connecticut Gov. Ned Lamont and state lawmakers reached a deal on the state’s $55 billion two-year budget by agreeing to scrap a child tax credit for the middle class.
As Senate Republicans debate President Donald Trump's "big beautiful bill", a lesser-known provision from the House-approved package could make it harder to claim a low-income tax credit. Stream ...
A bill intended to challenge and end the ability of other states to tax income earned by Connecticut residents on days they work entirely from home is among those awaiting Gov. Ned Lamont’s ...
The Connecticut Project says last year, 197,000 Connecticut residents claimed the credits, putting $488 million back into their pockets. ... She said she was unaware of the earned income tax credit.
Connecticut has about 195,000 households that receive the state’s Earned Income Tax Credit, a program to help the working poor cover basic needs and increase savings.
The "One Big Beautiful Bill Act" could make it harder to claim a low-income tax credit. If enacted as written, the House-approved measure would require precertification for each qualifying child ...