Did you know you may be eligible to get more money back from the IRS?! Families with three children earning less than $53,267 from wages, self-employment, or farming last year may qualify for the Earned Income Tax Credit (EITC) – as much as $6,242. Even workers without children may qualify for the EITC, but anyone who qualifies must file and claim the credit to get it!
EITC is a financial boost for working people and the local communities. Nationwide, over 27 million people received over $65 billion in EITC for the 2014 tax year.
Millions of taxpayers will qualify for the first time this year. Due to changes in financial, marital or parental status, the EITC eligible population has a turnover rate of about one-third each year.
To maximize awareness, the IRS is encouraging Congressional offices, governmental agencies and organizations to conduct EITC awareness activities. The goal is to raise EITC awareness to ensure every qualified worker claims and receives their EITC.
More Info: Earned Income Tax Credit