We received some information from the Franklin County Treasurer regarding the Federal Earned Income Tax Credit. They wanted to get the word out about it so that eligible families could claim the credit on their taxes.
Eligibility:
Earned income must be less than:
$36,348 with two or more qualifying children; $32,001 with one qualifying child; $12,120 with no qualifying children; For married couples filing jointly add $2,000 to each category.
Tax year 2006 maximum credit:
$4,536 with two or more qualifying children; $2,747 with one qualifying child; $412 with no qualifying children.
They are also providing help in the form of FREE electronic income tax preparation at a number of sites throughout the community.
To learn more about EITC or to contact a FREE tax site, call 2-1-1.
Eligibility:
Earned income must be less than:
$36,348 with two or more qualifying children; $32,001 with one qualifying child; $12,120 with no qualifying children; For married couples filing jointly add $2,000 to each category.
Tax year 2006 maximum credit:
$4,536 with two or more qualifying children; $2,747 with one qualifying child; $412 with no qualifying children.
They are also providing help in the form of FREE electronic income tax preparation at a number of sites throughout the community.
To learn more about EITC or to contact a FREE tax site, call 2-1-1.
