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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.
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 ...
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 ...
The bills were titled House Bill 5986, An Act Establishing a Refundable Child Tax Credit against the Personal Income Tax and Senate Bill 740, An Act Establishing a Refundable Child Tax Credit.
If you made money last year by working a job or running a business--you might qualify for the Earned Income Tax Credit (EITC). This credit is designed to help middle-class and low-income families ...
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out on claiming the credit.
You can claim the earned income tax credit by filing federal tax return Form 1040 or 1040-SR, for U.S. seniors. If you have a qualifying child, you’ll be required to file a Schedule EIC.
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.
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