The Earned Income Tax Credit or "EITC" is a refundable federal income tax credit for low to moderate income working individuals and families. Congress originally approved the tax credit legislation in 1975 in part to offset the burden of social security taxes and to provide an incentive to work. When the EITC exceeds the amount of taxes that you owe, it results in a tax refund - if you qualify for and claim the credit.
To qualify, taxpayers must meet certain requirements and file a tax return. Will you qualify for EITC this year? Find out if you are eligible for the Earned Income Tax Credit (EITC) by answering some questions and providing basic income information using the EITC Assistant in English or the EITC Assistant in Spanish.
This tax season, the Walmart Foundation has partnered with United Way Worldwide, One Economy Corporation and the National Disability Institute to help educate consumers and provide free tax preparation and filing for the EITC. For more information visit: www.MyFreeTaxes.com/campaign/.
United Way
Starting on January 12th, 2010, United Way of King County will operate 17 free tax preparation sites throughout King County. Tax assistance will be provided by over 550 volunteers who are trained and certified by the IRS.
Who is eligible for this service?
• Anyone whose household made less than $50,000 in 2009
• Basic tax returns only (NO rental income, business taxes, or sale of property or stock)
• No appointment necessary
What services are available at tax sites?
• Free, quality tax preparation
• Electronic filing and direct deposit for faster refunds (bring your account information)
• Ensure that you receive all credits and deductions for which you are eligible
• Information about other asset building opportunities such as opening a bank account or purchasing a savings bond
• Help for recent immigrants (multilingual services and applications for individual taxpayer identification numbers)
To find a free tax preparation site near you, call 2-1-1 or visit www.uwkc.org/taxhelp.
From the IRS: Tax Tips: Earned Income Tax Credit - January 2010
