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With The New Low Income Tax Program, Do You Have To Move If You Exceed The Income Limit? |
I will make the grade when I move in (before I do taxes this year) but afterward I'll be out of the range. It stinks because apartments are pricey in my municipality and I like this complex a lot I just don't want to have issues once we do move in.
| Answer: Since our senators and congress people resolute to walk out and go on vacation without doing anything about the tax bill, it is all up in the air about any tax program. You would have to check with your program manager about possible benefits you would be entitled to at a later year and any possible recourse you might have. I hope this has been of some benefit to you, good luck. "Withstand ON" |
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Back in the 1980s, states began to add their own EITCs to addition the federal program. By 2009, 24 states had a statewide EITC. Since New Hampshire doesn't have a dignified income tax, it's natural to assume the state wouldn't have an EITC,