Save your MONEY! Get your taxes done for FREE!
Tax season is almost here, and many working individuals are eligible for the Earned Income Credit, or EIC. According to Dr. Rebecca J. Travnichek, Family Financial Education Specialist with University of Missouri Extension, households that qualify for the EIC could receive a tax refund of up to $6,044. The EIC is a powerful work incentive and the single most effective anti-poverty program in existence. It’s money that families can use to put food on the table… move into better housing… invest in education… save for the future… and contribute back to the community.
Who qualifies for the EIC?
Families with three or more children who earned less than $46,227 (or less than $51,567 for married workers)in 2013 are eligible for a credit of up to $6,044.
Families with two children who earned less than $43,038 (or less than $48,378 for married workers) in 2013 are eligible for a credit of up to $5,372
Families with three or more children who earned less than $46,227 or less than $51,567 for married workers) in 2013 are eligible for a credit of up to $6,044
How do families claim the EIC?
Families can claim this credit by completing Schedule EIC along with their tax returns. Many people pay tax preparation services to do their returns, not knowing that they might be eligible for free tax assistance. The Volunteer Income Tax Assistance (VITA) program provides IRS-trained volunteers to prepare and e-file returns for FREE for qualified individuals and families. This service can help individuals and families SAVE money and bring EXTRA money home. VITA sites are available beginning January 27 to April 15, 2014.
FREE tax preparation is available:
Where: the Nodaway County Extension Office, Administrative Center, 403 Market Street, Room 308
When: March 13th & 14th
To schedule your appointment or for more information call 660-582-8101.
List of items to bring (DOCX),
List of items to bring (pdf)