SC information letter #21-4

Authors
South Carolina Department of Revenue
Keywords
South Carolina Department of Revenue--Periodicals , Tax credits--South Carolina , Earned income tax credit--South Carolina
Abstract
Internal Revenue Code Section 32 provides for a refundable earned income credit. To claim the earned income credit, a taxpayer must have qualifying "earned income" and meet certain adjusted gross income limits for the current tax year. As part of the temporary relief provided, an individual eligible for the earned income credit whose earned income was higher in 2019 than in 2020 is allowed to elect to use the 2019 earned income amount to figure the earned income tax credit for 2020.
Description
URI
https://dc.statelibrary.sc.gov/handle/10827/36875
Collections
SC Information Letters
Thumbnail Image
Files
DOR_Information_Letter_21-4.pdf (96.78 KB)
Issue Date
2021-02-12
Contributor
Date Accessioned
2021-04-20T14:07:29Z
Date Available
2021-04-20T14:07:29Z
Item Format
application/pdf
Media Type
Document
Item Language
English
Publisher
South Carolina State Library
Digital Collection
South Carolina State Documents Depository
Rights
Copyright status determined to be in the public domain on April 27, 2020 by United States Supreme Court ruling (Georgia et al., Petitioners v. Public.Resource.Org, Inc. : 590 U.S.__(2020))
Type
Text
Digitization Specifications
South Carolina State Document was either saved from a document available publicly online in PDF format or converted to PDF using Adobe Acrobat DC.