It's Tax Time Again! Have Your Taxes Done Now at Your Nearest Center!
The Earned Income Tax Credit
When
Thursday, February 05, 2009 9:11 AM - Wednesday, April 15, 2009 3:00 PMWhere
Senior Centers
Description
The Earned Income Tax Credit
Have you considered an Earned Income Tax Credit? During this tax season, Mayor Martin J. Chavez invites you to explore possibilities that might entitle you to extra cash.
- The EITC is a federal income tax credit for people who work, but don’t earn much money. Individuals who qualify could receive refunds up to $4,800 for tax year 2008.
- 30,000 New Mexico working families who were eligible for the Earned Income Tax Credit failed to claim it. That means a loss of about $74 million to $136 million to NM residents.
- Difficult economic times may mean even more people are eligible for the EITC because of reductions in their income in 2008.
For more information on Earned Income Tax Credit
For more information on scheduling tax preparation appointments