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Massachusetts Earned Income Tax Credit

Massachusetts Earned income tax credit

The EITC is a federal tax refund for eligible working individuals and households. Each year, low-income families substantially increase their annual income by utilizing the EITC. In fact, the EITC lifts more families out of poverty than any other federal aid program, providing families an opportunity to increase savings, reduce debt, and finance education or training programs.

Eligibility

Resident of Massachusetts who earn income less than the base income limit set for their filing status are eligible for a earned income credit of up to $428. They must be eligible for and claim the federal EIC on your federal tax return to be eligible for state EIC.

(Non)Refundable

Refundable

How To Claim

You can claim the Massachusetts Earned Income Credit in Form 1.

Last Updated ( Wednesday, 13 January 2010 04:58 )