Half of the states and the District of Columbia have enacted earned income tax credits (EITCs) to supplement the federal EITC, the nation’s most effective tool for reducing poverty among working families and children. The federal EITC lifted 6.5 million people — half of them children — out of poverty in 2012, and it has lasting benefits for low-income children, helping them do better (and go further) in school and improving their earnings as adults.
State EITCs combat poverty further by reducing state and local taxes for low-income people and helping families keep working despite low wages. Like the federal EITC, a state EITC allows working families to keep more of what they earn and helps them meet basic needs.
In order to qualify for the Connecticut State Earned Income Tax Credit, filers must meet the criteria outlined above for the Federal EITC program and would then calculate 30% of the federal benefit for the Connecticut EITC benefit amount, see below.
3 children or more – $5,891 (Federal EITC), $1,767 (30% CT EITC benefit amount)
2 children – $5,236 (Federal EITC), $1,571 (30% CT EITC benefit amount)
1 child – $3,169 (Federal EITC), $950 (30% CT EITC benefit amount)
No children – $475 (Federal EITC), $143 (30% CT EITC benefit amount)