Michigan's tax credit expansion: big refunds for working families

By Zena Issa

The Michigan Department of Treasury is issuing a call to action to remind working families that they can claim significant tax benefits due to the state's expanded earned income tax credit.

Legislation passed last year and effective this February expanded the tax credit from 6% to 30%. This change means that around 700,000 working families could potentially receive an average combined federal and state refund of over $3,000.

Read more at Michigan Public: https://www.michiganpublic.org/economy/2024-04-11/michigans-tax-credit-expansion-big-refunds-for-working-families