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Home›News›You work. Let EITC work for you!

You work. Let EITC work for you!

By Wausau Times
January 25, 2017
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For the last 40 years, Earned Income Tax Credit made life better for millions of workers. You may have extra money waiting for you. If you qualify and claim the credit, it could be as much as $6,242 from the IRS for some workers.
Don’t be the one in five that misses this credit. If you or someone you know earned less than $53,267 from wages, running a business or farm or from Form 1099 MISC, check it out.
It’s easy to find out if you qualify. Use the EITC Assistant at www.IRS.Gov and answer questions about yourself and other family members to see if you qualify and estimate the amount of your credit.
EITC eligibility depends on several factors, including income and family size. If you don’t have a qualifying child and earned under $20,330, find out if you qualify for a smaller credit, worth as much as $503. Don’t guess about EITC eligibility use the EITC Assistant at www.IRS.Gov to find out if you do qualify for EITC, And, see what other tax credits are available.
It’s easy to find free tax help to prepare and file your taxes. Use the VITA locator tool on IRS.GOV to find a volunteer site near you. Or, you can prepare and e-file your own taxes with brand-name software using IRS’s Free File.
If you qualify for the EITC with the IRS you may also qualify for the Earned Income Credit (EIC) with the Wisconsin Department of Revenue. Go to www.revenue.wi.gov to find out more information.

Information provided by Wisconsin Judicare, Inc.
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