New York Earned Income Tax Credit

Details on New York's EITC

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The Earned Income Tax Credit, or EITC, is a federal income tax credit for low-income working families and individuals.  Twenty-three states and the District of Columbia have their own version of the EITC.  Most state EITCs are based on the amount of the taxpayer's federal EITC and have the same or similar eligibilty rules as the federal credit.  Many state EITCs are also refundable.

New York Earned Income Tax Credit

New York's earned income tax credit is based on the amount of the taxpayer's federal EITC.

  The taxpayer's New York EITC is then reduced by the amount of the taxpayer's New York Household Credit.  The New York EITC is refundable.

  • State:  New York            
  • Percentage of federal credit:  30% less the amount of the taxpayer's New York Household Credit.
  • Is it refundable?  Yes
  • Income eligibility criteria same as federal?  Yes

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