California Tax: Unclaimed Earned Income Tax Credit

Do your clients know someone who qualifies for the Earned Income Tax Credit (EITC)?

Each year an estimated $1 billion in EITC goes unclaimed by California taxpayers. The Earned Income Tax Credit (EITC) is a refundable federal income tax credit for low-income working individuals and families. When the credit exceeds the amount of taxes owed, it results in a tax refund to those who qualify for and claim the credit.

Earned Income Tax Credit (EITC) can bring money into communities. The EITC Assistant is now available at irs.gov and can help people determine if they qualify. Help your community by spreading the word about Earned Income Tax Credit.

TAX NEWS - april 2010

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