Governor Murphy Expands Earned Income Tax Credit Eligibility to 60,000 More New Jersey Residents; Credit Also Increases to 40 Percent of Federal Credit Under New Budget

With the signing of the Fiscal Year 2021 Appropriations Act today, the Murphy Administration extended a critical lifeline to an additional 60,000 New Jersey residents by expanding the minimum age of eligibility for the New Jersey Earned Income Tax Credit (NJEITC) from 25 years of age to 21. The EITC is considered one of the […]