Maryland Comptroller Releases Information on Earned Income Tax Credit Eligibility Notification Requirements

The Maryland Comptroller released a Maryland Tax Alert, detailing the requirement for employers to notify employees of potential eligibility for the federal and Maryland Earned Income Tax Credit (EITC) by Dec. 31. The document provides comprehensive information about the EITC, including eligibility criteria, income thresholds, and the process for claiming the credit. The document also includes a sample notification for employers to distribute to their employees. [Md. Comptroller of the Treasury, Maryland Tax Alert, 08/19/24]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.