How does the START saving Program know what I reported as my federal AGI?
When you open your account, you agree that the Program can obtain your tax information from the Louisiana Department of Revenue. Since the Louisiana income tax is based on the federal adjusted gross income, the AGI number is available for most account owners.
If your AGI is not available from the Department of Revenue, you must provide copies of your federal income tax returns no later than February 15 following the year the deposits were made.
For instance, if you did not file a Louisiana income tax return for 2009, you must provide your federal tax return for 2009 no later than February 15, 2011 to receive more than a 2% (if you qualify) Earnings Enhancement for deposits made in 2010.