For tax year 1993, the Earned Income Credit is available to low-income and public assistance households. Other than increasing the value of the
various EIC credits, the program for tax year 1993 remains essentially
unchanged from the 1992 program. Most important, we want to encourage all persons who may be eligible (recipients and non-recipients alike) to apply
for the credit. Data from federal agencies indicate that many more low-income wage earners in New York are eligible for the credit than are
actually applying for it. This is an opportunity to reward the work efforts
of low-income wage earners and at the same time bring additional revenues
into the State.
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