MO Working Family Tax Credit

Forum|Forum|2 years ago
February 4, 2024
2 replies
18 views

Mo Working Family Tax Credit is new to Missouri this year. The new form is included in the Missouri package and is calculating. The program is asking to include a pdf of WFTCA. WFTC is ready to go. Does anyone have a clue about WFTCA ? Thanks.

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BobKamman

Level 15

In other words, WTF is WFTCA ?

B

ben123

Level 2

Missouri Working Family Credit (Section 143.177)

The Missouri Working Family Credit will begin with the 2023 tax year.
A taxpayer can receive a credit of 10 percent of their federal earned income credit. The credit cannot be refunded or carried forward, but will reduce any tax liability after all credits have been applied.
To qualify for the credit, a taxpayer must be a full time Missouri resident with a filing status of Single, Head of Household, Qualifying Widow(er), or Married Filing Combined.
Qualifying children must have valid social security numbers
A copy of your federal return must be attached to your Missouri individual income tax return to receive the credit.

Believe you just have to print the form to a pdf and attach it to the MO return.