New Jersey was awarded funding in 2020 from the State EITC Rapid Response Fund to supports efforts to expand the state EITC to younger workers.
Earlier this week, New Jersey Governor Phil Murphy (D) signed legislation to lower the age of eligibility for the state’s Earned Income Tax Credit (EITC) from 25 to 21. Learn more about the legislation here.
New Jersey is the third state in 2020 to expand their credit beyond the limits of the federal EITC to make it more accessible to all workers. During the summer, California and Colorado expanded their credits to filers using Individual Taxpayer Identification Numbers (ITINs).