Conn. Gov. Lamont Directs Connecticut's Earned Income Tax Credit for 2020 to Be Retroactively Enhanced to 41.5% Using Federal Coronavirus Relief Funds
December 30, 2021
December 30, 2021
HARTFORD, Connecticut, Dec. 30 -- Gov. Ned Lamont, D-Connecticut, issued the following news release on Dec. 29, 2021:
Governor Ned Lamont today announced that he is directing the Connecticut Department of Revenue Services to retroactively enhance the 2020 Connecticut Earned Income Tax Credit (EITC) from 23% of the federal credit to 41.5%. The additional state tax refund will provide needed economic support to low-to-moderate income working individuals and families disproportionately . . .
Governor Ned Lamont today announced that he is directing the Connecticut Department of Revenue Services to retroactively enhance the 2020 Connecticut Earned Income Tax Credit (EITC) from 23% of the federal credit to 41.5%. The additional state tax refund will provide needed economic support to low-to-moderate income working individuals and families disproportionately . . .