EARNED INCOME TAX CREDIT (EITC)
Rate (Fully Refundable): 30% of the federal credit.
Eligibility Requirements: See Connecticut’s EITC information page
Latest Legislative Action:
During the 2021 legislative session, lawmakers introduced and passed legislation to increase the value of the credit to 30%.
- Connecticut’s EITC was reduced from 30 to 23 percent of the federal credit in November 2017 as part of the state’s budget for fiscal year 2019.
- Gov. Dannel Malloy (D) announced his budget proposal for the 2017-2018 fiscal year, which included a permanent reduction in the state’s EITC from 27.5 to 25 percent of the federal credit.
- Connecticut’s state EITC was temporarily reduced from 30% to 25% of the federal EITC in 2014, then expanded to 27.5% in 2015 and back to 30% in 2016 as part of a solution to the address state’s significant budget gap.
CHILD TAX CREDIT (CTC)
State CTC: Connecticut does not currently offer a state-level CTC.
CHILD AND DEPENDENT CARE TAX CREDIT (CDCTC)
Connecticut does not currently offer a state-level CDCTC.