The Louisiana Workforce Commission has now issued the 2018 version of the Earned Income Credit (EIC) notice, which has a new revision date of July 2018. Based on this update, a new Louisiana state poster will soon be on its way to our customers.
Louisiana’s EIC notice was issued much later this year as compared to previous years, but we were aware of the delay. In April, we communicated with a contact at the Commission, who informed us the notice would not be updated until late summer or fall.
2018 Earned Income Tax Credit Amounts
At the time of hire, employers are required to notify employees who earn less than $48,000 per year that they may be eligible for Earned Income Tax Credits (EITC) through the Internal Revenue Service (IRS). These tax credits are reductions in federal income tax liability for people who meet certain requirements.
For 2018, workers’ earned income and adjusted gross income must be less than the following amounts:
- $49,194 ($54,884 married filing jointly) with three or more qualifying children
- $45,802 ($51,492 married filing jointly) with two qualifying children
- $40,320 ($46,010 married filing jointly) with one qualifying child
- $15,270 ($20,950 married filing jointly) with no qualifying children
The updated notice also includes a new URL for the IRS Earned Income Tax Credit home page (https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/eitc-income-limits-maximum-credit-amounts-next-year), where additional EITC resources are available.
That’s All, Folks!
Our Research Department has assured us that there are no changes to the rest of the workplace notices on our Louisiana poster.
How to Stay in Compliance
If you order our 1-Year Compliance Plan, you will automatically receive the updated Louisiana poster as soon as it is available. And because our plan provides free poster updates for mandatory changes, no matter how many occur during the year, you can always count on Poster Compliance Center to keep you in compliance!