11.07.2015 Views

A State Earned Income Tax Credit for Kentucky

A State Earned Income Tax Credit for Kentucky

A State Earned Income Tax Credit for Kentucky

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A <strong>State</strong> EITC• Advanced EITC– The Federal EITC allows workers to receive the creditlump sum during the tax season, or throughout theyear. A reconciliation at tax return time is required <strong>for</strong>those with the advanced credit– 99% of Federal recipients take the credit lump sum.• Recommendation: Do not make a separateadvanced option.

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