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Earned Income Tax Credit Maryland Department of Human 2022-2024

886 H Hoh 2022-2024 Form

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hi I'm mark for attacks com the Earned Income Tax Credit EITC plays an important role in keeping working families out of poverty along with a federal credit the state of Maryland offers taxpayers their own version of the credit modeled after the federal credit Maryland's EITC follows the same eligibility rules basically any taxpayer in the state that was able to claim the federal credit will most likely qualify for the state eitc as well this is great news to lower-income families who are trying to stretch their dollars especially a tax time while it is currently offered at twenty five point five percent of the federal credit by tax year 2018 Maryland's EITC will reach twenty eight percent also the credit is fully refundable which means at any excess amount of the credit after the residents tax liability is accounted for will be returned to them the a refund a family with no income tax liability to the state will receive the full amount of the credit this concept is at the core of the

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IRS Form 886-H-EIC 2022
4.8 Satisfied (243 Votes)
IRS Form 886-H-EIC 2019
4.8 Satisfied (403 Votes)
IRS Form 886-H-EIC 2018
4.8 Satisfied (571 Votes)
IRS Form 886-H-EIC 2011
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