Earned Income Tax Credit

Yankee Institute is grateful to Gov. Ned Lamont and his team for their work, thus far, in trying to mitigate the economic damage being wrought on Connecticut during this time of crisis and for their response to the threat posed by the COVID-19 virus. The collapse of the financial markets ...

As residents see tax refunds or payments flow in or out of their checking accounts, many low-earning Connecticut residents can expect to see tax refunds based on the Earned Income Tax Credit. The EITC supplements the wages of low-income workers by sending them a check after they file their tax ...