Earned Income Tax Credit (EITC)

Colorado taxpayers who qualify for the federal EITC can claim a percent of the amount they claim on their federal tax return on their state tax return for the 2016 tax year. See the Internal Revenue Service Earned Income Tax Credit webpage for federal income limits. The Colorado earned income tax credit amount will vary based on income.  Colorado's original state EITC, enacted in 1999, was contingent upon the state having surplus revenue. 2001 was the last year it was available. In 2013, the Colorado General Assembly passed SB 13-001, which made the EITC a permanent tax credit once the state again had surplus revenues to refund.  
 
The EITC is available for the 2015 tax year, 2016 tax year, and in all subsequent tax years.