Earned Income Tax Credit Notices
Purpose
The University of Colorado is legally obligated to provide Earned Income Tax Credit (EITC) notices to employees, including employees from whose wages no income tax was withheld.
The EITC helps low- to moderate-income workers and families get a tax break. If qualified, employees can use the credit to reduce the taxes they owe – and potentially increase their refund. Information about the EITC can also be found on the back of the Form W-2.
EITCs are available both federally and for employees working in certain states and cities.
Federal
You may qualify for federal earned income tax credits pursuant to section 32 of the internal revenue code and/or federal child tax credits allowed pursuant to section 24 of the internal revenue code. For more information, visit:
- Earned Income Tax Credit Overview
- IRS Notice 797 on Possible Federal Tax Refund Due to the Earned Income Credit (EIC)
- Does My Child/Dependent Qualify for the Child Tax Credit or the Credit for Other Dependents?
States & Cities
Some states require additional notice regarding the EITC and may offer an earned income tax credit in addition to the federal earned income tax credit.
California
Colorado
You may qualify for state earned income tax credits allowed pursuant to C.R.S. Section 39-22-123.5 and/or the state child tax credit allowed pursuant to C.R.S. Section 39-22-129.
For more information, visit:
Illinois
Louisiana
Maryland
Maine
Maine Department of Revenue details on EITC
New Jersey
Oregon
Philadelphia
Texas
Virginia
EITC information can also be found on the employee portal:
- Log into the employee portal.
- Open the CU Resources Home dropdown menu and select My Info and Pay.
- Choose the Earned Income Tax Credit tile and select your state.
If your state does not have a notice in the portal, please contact your state’s tax department.