Louisiana taxpayers should be aware of several changes on the state’s 2008 Individual Income Tax Return forms; the changes comply with recent Acts of the Louisiana Legislature.
Important changes to the 2008 Louisiana Individual Income Tax Return include the Louisiana Earned Income Credit (La. R.S. 47:297.8), a refundable tax credit for Louisiana residents who are eligible for and have claimed a federal Earned Income Tax Credit (EITC). The Louisiana Earned Income Credit is equal to 3.5 percent of the federal EITC. Residents who are not required to file a state tax return can claim the state EIC by filing Form R-540EIC
These and other changes affecting Louisiana’s 2008 state tax returns are in effect for resident and nonresident filers. Please consult the information page specific to your filing status. The information is available for review online at the Individual Taxpayers page at www.revenue.louisiana.gov.
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