Earned Income Tax Credit Expansion in 2023 and 2024

The Earned Income Tax Credit provides an added layer of economic security to people living in VT based on their income and number of children.  The Public Assets Institute offers a number of resources to support you in determining your eligibility and potential benefit - including the EITC Calculator.  In 2023, the EITC was expanded to all qualifying Vermont residents regardless of whether they have a Social Security card or an Individual Taxpayer Identification Number (ITIN).  There will be work to further improve tax credits in 2024 (see a summary here!) - learn more, and sign-on and share your story here!