Reenacts the Earned Income Tax Credit in North Carolina for tax years starting in 2026.

The bill reenacts the Earned Income Tax Credit (EITC) in North Carolina, effective for tax years beginning on or after January 1, 2026. It allows a credit against the tax imposed, equal to a percentage of the credit amount qualified for under the Code. The credit is refundable if it exceeds the tax imposed, with a specific percentage applied for different tax years. The bill also includes provisions for the calculation of the credit for nonresidents or part-year residents.

Reenacts the Earned Income Tax Credit in North Carolina for tax years starting in 2026.

The bill reenacts the Earned Income Tax Credit (EITC) in North Carolina, effective for tax years beginning on or after January 1, 2026. It allows a credit against the tax imposed, equal to a percentage of the credit amount qualified for under the Code. The credit is refundable if it exceeds the tax imposed, with a specific percentage applied for different tax years. The bill also includes provisions for the calculation of the credit for nonresidents or part-year residents.