The Tax Professionals Blog — credit
California Initiates a State EITC Beginning 2015
Posted by Lee Reams Sr. on
California has initiated an EITC beginning 2015. California and twenty-five other states plus the District of Columbia now offer an EITC. In twenty-two of these states, including California, the credit is refundable. Most states set their EITC as a portion of the federal EITC, and most states conform to the federal EITC program in other aspects such as eligibility requirements and income levels.