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Heartfire
02-24-2010, 11:12 AM
I just received a note from Lynn Wolsey's office. In the newsletter it talked about The Earned Income Tax credit.
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Tax preparation season has begun and some of you might be eligible to receive a federal income tax credit called the Earned Income Tax Credit (EITC).
EITC can make life easier for working people struggling during these difficult financial times. If you earned $52,000 or less from wages, self-employment, or farming in 2009, you may be eligible to earn an EITC of $5,600 or more.
According to the Internal Revenue Service (IRS), many people will qualify for EITC for the first time this year because their income declined, their marital status changed, or they added children to their families.
Eligible taxpayers can get their EITC only if they file federal income tax returns-even if they are not otherwise required to file-and specifically claim the credit.
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:heart:
(https://woolsey.congressnewsletter.net/mail/util.cfm?mailaction=clickthru&gpiv=2100054257.58945.411&gen=1&mailing_linkid=3782)