SB 671

This bill authorizes an Earned Income Tax Credit claimant, who becomes

married in the taxable year to which his or her claim relates, to claim the greater of

either the EITC that is calculated based on his or her current status as a married

individual, or the combined EITC that each spouse claimed in the immediately

preceding taxable year. For the next two taxable years, the individual may continue

to claim the credit. Under current law, married individuals generally may not claim

the Wisconsin EITC.

Also under the bill, a married couple that would otherwise be ineligible to claim

the state credit may continue to claim the credit if the claimants' federal adjusted

gross income is less than an amount, calculated annually by the Internal Revenue

Service, at which the federal credit begins to phase down, plus $20,000. The bill first

applies to taxable years beginning after December 31, 2021.