MR #11.03: Earned Income Tax Credit (EITC) Payments

MR #11.03: Earned Income Tax Credit (EITC) Payments

Summary:

• A federal law signed 08/10/10 repealed the advance payment option of the earned income tax credit, effective for tax years after December 31, 2010. Workers are no longer able to receive an advance payment of the EITC through their employers.
• Work Pays forms 3496/S, 8236A/AS, 8236B/BS, and 8236C/CS, are revised to eliminate the reference to the advance option of the earned income tax credit.