Utah Statutes

§ 59-10-1044 — Nonrefundable earned income tax credit.

Utah·Title 59 Revenue and Taxation·Ch. 59-10 Individual Income Tax Act·Part 59-10-10 Nonrefundable Tax Credit Act
(1)As used in this section:
(1)(a) "Federal earned income tax credit" means the federal earned income tax credit described in Section 32, Internal Revenue Code.
(1)(b) "Qualifying claimant" means a resident or nonresident individual who:
(1)(b)(i) qualifies for and claims the federal earned income tax credit for the current taxable year; and
(1)(b)(ii) earns income in Utah that is reported on a W-2 form.
(2)Subject to Section 59-10-1002.2, a qualifying claimant may claim a nonrefundable earned income tax credit equal to the lesser of:
(2)(a) 20% of the amount of the federal earned income tax credit that the qualifying claimant was entitled to claim on a federal income tax return for the current taxable year; and
(2)(b) the total Utah wages reported on the qualifying claimant's W-2 form

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Legislative History

Amended by Chapter 459, 2023 General Session

Nearby Sections

15
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