In Tax Season, Direct-Care Workers Can Take Advantage of EITC
As Americans prepare to file their 2014 federal income taxes, direct-care workers and other low-wage workers should know about the earned income tax credit (EITC).
This year, the EITC is as high as $6,143 for filers who have three or more qualifying children and who earned less than $46,997 last year ($52,427 for married couples).
Millions of tax filers forgo their EITC every year because they do not know about it. The IRS encourages low-wage workers to use the EITC Assistant tool on its website to help determine whether they are eligible for the EITC.
Additionally, free tax preparation services are available for low-wage workers. The website My Free Taxes provides free state and federal tax preparation for people who earned $60,000 or less, and Volunteer Income Tax Assistance services are available to those who earned less than $53,000.
— by Matthew Ozga