MAKE TAX TIME A BUDGET BOOSTER
For thousands of households across our region, accessing the right resources during tax season is critical in obtaining a full tax refund. The simple truth is that when taxes are done right, the result could mean valuable tax credits and refunds that go a long way in a family’s annual budget.
According to the IRS, approximately 20% of residents do not claim one of the biggest boosters to family incomes – the Earned Income Tax Credit (EITC), a refundable credit that can amount to as much as $6,143 per qualifying family – simply because they are unaware of their eligibility, or do not file their taxes.
Volunteer Income Tax Assistance (VITA)
Through our Impact Fund, United Way helps to mobilize our regional volunteer force through the Volunteer Income Tax Assistance (VITA) program, an IRS-supported tax preparation service through which trained volunteers prepare taxes at no cost for qualifying individuals and families. This year, VITA volunteers filed nearly 29,000 tax returns across the region, which returned more $41 million to local communities.