Tax Filing Help

When filing your taxes this year, don't forget the Earned Income Tax Credit.

The Earned Income Tax Credit is a refundable federal income tax credit designed to assist low-income working individuals and families. Families with two children could be eligible for up to $4,700 in tax refunds. However, few people ever apply.

In 2004 in Barry County, only 2,483 out of 11,257 eligible filers even applied. Only 22%!

Who is eligible?
Families with two or more children who earn less than $37,783 (single parent) or less than $39,783 (married) in 2007 are eligible for a credit of up to $4,716.

Families with one child who earn less than $33,241 (single parent) or less than $35,241(married) in 2007 are eligible for a credit of up to $2,853.

Workers without a qualifying child who earn less than $12,590 (single parent) or less than $14,590 (married) in 2007 are eligible for a credit of up to $428.

For more information, visit the Earned Income Tax Credit Statewide Initiative or the IRS website.

Also, filers with income lower than $50,000 may be eligible to e-file for free at www.Icanefile.org. E-filing is easy and convenient, and provides a faster refund.



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