Rep. John Lewis Supports EITC Awareness Day
ARE YOU ELIGIBLE FOR EITC?
GET IT, AND GET IT RIGHT WITH FREE TAX HELP
Today, January 25, 2019, marks the 13th anniversary of Awareness Day, a nationwide effort to increase awareness about EITC and free tax preparation sites. This year, the IRS is promoting EITC and providing information on other refundable tax credits that you may be eligible for. This includes the American Opportunity Tax Credit, the Child Tax Credit and the Additional Child Tax Credit.
In 2018, 25 million workers received more than $63 billion in EITC refunds. In 2018, 1 million Georgians filed ETIC claims for a total of $2.9 billion in EITC refunds at an average of $2807 per return.
If you worked last year and had income of less than $54,884, check your eligibility for EITC. EITC can mean up to a $6,431 refund when you file a return if you have qualifying children. Workers without a qualifying child could be eligible for a smaller credit up to $519. On average, EITC adds $2400 to refunds.
Why is it important to have an EITC Awareness Day each year? One-third of the EITC population changes each year. The IRS estimates that four out of five workers claim the EITC they earned. This leaves billions of dollars on the table each year. The IRS wants to get the word out to those who are eligible to file a tax return, even if they don’t owe any tax, to claim the EITC. It’s money workers can use for groceries, rent, utilities and other bills.
EITC varies by income, family size and a person’s filing status. To be eligible, an individual must have earned income, either working for someone or oneself, or certain disability income.
Volunteers – trained by the Internal Revenue Service – ask the filer questions to find out if he or she qualifies for the EITC and other refundable tax credits. Volunteers at VITA, Volunteer Income Tax Assistance sites, also prepare and e-file (electronically file) the person’s tax return at no cost.
Let the IRS help you get it and get it right. Visit their free tax preparation site at:
- Find a volunteer free tax return preparation site at IRS.gov Locator Tools
- Call 211 or 311 to find a volunteer free tax return preparation site
Bring the following to make sure our volunteers get you the right amount of credit you deserve:
- A valid driver's license or other photo id card
- Social security cards, a social security number verification letter for all persons listed on the return
- Birth dates for all persons listed on return
- All income statements: Forms W-2 and 1099, Social Security, unemployment, and other statements, such as pensions, stocks, interest and any documents showing taxes withheld
- All records of expenses, such as tuition, mortgage interest, or real estate taxes
- Copies of last year's state and federal tax returns, if you have
- Bank routing numbers and account numbers to direct deposit any refund
- Dependent child care information: name and address of who you paid and either the caretaker's SSN or other tax identification number
- If you purchased coverage through the Health Insurance Marketplace, Form 1095-A, Health Insurance Marketplace Statement
- Both spouses to sign forms to e-file a joint tax return