Michigan taxpayers who claimed Earned Income Tax Credit could see extra refund under bill
“The deadline to file taxes passed last week, but some Michigan taxpayers could see an extra boost to their return after lawmakers in the Michigan Senate approved a bill Thursday to deliver checks to low-income earners who qualify for an expanded credit currently slated to take effect next year. The federal Earned Income Tax Credit (EITC) benefits low-income workers by essentially subsidizing their wages. Like many states, Michigan has a state EITC — what lawmakers call the Working Families Tax Credit — set at a share of the federal credit. Michigan’s credit is currently among the least generous in the country.”