235-59 Decedents.
§235-59 Decedents. In respect of a decedent, the determination of the income of the taxable period in which falls the date of the decedent’s death, and the determination of the income of the estate and of the persons who acquire rights from the decedent or by reason of the decedent’s death, shall be governed by […]
235-60 REPEALED.
§235-60 REPEALED. L 1978, c 173, §2(12).
235-54 Exemptions.
§235-54 Exemptions. (a) In computing the taxable income of any individual, there shall be deducted, in lieu of the personal exemptions allowed by the Internal Revenue Code, personal exemptions computed as follows: Ascertain the number of exemptions which the individual can lawfully claim under the Internal Revenue Code, add an additional exemption for the taxpayer […]
235-55 Tax credits for resident taxpayers.
§235-55 Tax credits for resident taxpayers. (a) Whenever an individual or person liable to the taxes imposed upon individuals, who is a resident of the State or who has filed a joint resident return under section 235-93, has become liable for income taxes to a state, or to the District of Columbia, Puerto Rico, or […]
235-55.5 REPEALED.
§235-55.5 REPEALED. L 1990, c 187, §2.
235-55.6 Expenses for household and dependent care services necessary for gainful employment.
§235-55.6 Expenses for household and dependent care services necessary for gainful employment. (a) Allowance of credit. (1) In general. For each resident taxpayer, who files an individual income tax return for a taxable year, and who is not claimed or is not otherwise eligible to be claimed as a dependent by another taxpayer for federal […]
235-55.7 Income tax credit for low-income household renters.
§235-55.7 Income tax credit for low-income household renters. (a) As used in this section: (1) “Adjusted gross income” is defined by section 235-1. (2) “Qualified exemption” includes those exemptions permitted under this chapter; provided that a person for whom exemption is claimed has physically resided in the State for more than nine months during the […]
235-55.8 REPEALED.
§235-55.8 REPEALED. L 1998, c 157, §3.
235-55.9 REPEALED.
§235-55.9 REPEALED. L 2000, c 18, §7.
235-55.75 Earned income tax credit.
§235-55.75 Earned income tax credit. (a) Each qualifying individual taxpayer may claim a nonrefundable earned income tax credit. The tax credit, for the appropriate taxable year, shall be twenty per cent of the federal earned income tax credit allowed and properly claimed under section 32 of the Internal Revenue Code and reported as such on […]