The Earned Income Credit (EIC) Part Of Your Tax Reimbursement

The Earned Income Credit (EIC) Part Of Your Tax Reimbursement

The Earned Income Credit (EIC) part of your taxation reimbursement has unique therapy in Kansas. Kansas legislation considers the EIC percentage of your refund exempt (KEEP) in bankruptcy, but as long as it meets the next two requirements:

  1. The refund must not happen gotten in the right time your bankruptcy is filed.
  2. You might be just permitted to claim one of EIC refund as exempt year.

This means you have to claim as exempt the EIC part of one income tax reimbursement that you haven’t yet gotten.Continue reading