Maryland's EIC Changes for 2020

Forum|Forum|5 years ago
February 19, 2021
1 reply
6 views

When will Maryland State Tax Forms be amended for the 2020 tax filing? Maryland made changes to EITC on February 15th, 2020 as part of their 2021 stimulus bill.

SweetieJean

Alumni - Champ

TT has to wait for the state to issue a procedure for this, then program and test their software, and the get the state to approve TT's programming. But see this, which seems to suggest that the state will send you the payment automatically:

Maryland Economic Impact Payment FAQs FINAL (marylandtaxes.gov)

garyhensonAuthor

Level 2

Thank you SweetieJean for your reply.

Yes the "immediate" stimulus payment was sent. However, they made additional changes to the state EIC calculation for tax year 2020. Currently 50% of the Federal EITC. The Maryland Comptroller Tax Office seems to suggest this information has been sent to TT. So I'm just wondering what to expect regarding TT's turn around time. Should I wait if it's only a few weeks to get the revised state EIC calculations?