BFIA readers, according to Rep. Dave Loebsack, there were many Iowa families who were eligible, but did not receive the EITC last year. Let’s help our congressman spread the word to our fellow Iowans about this savings. Please pass this on.
January 27, 2012
I know family budgets are tight right now, and, having been raised by a single mom, I know what it’s like to worry about paying the bills, especially this time of year. I wanted to send you this short message on Earned Income Tax Credit (EITC) awareness day to make sure you’re aware of this tax credit that could save Iowa families money.
The EITC can put up to $5,751 in the pockets of eligible taxpayers (for example, those with earnings under $40,964 for a married couple with two children) with the simple check of a box. In 2011, over 200,000 Iowans claimed the EITC, receiving an average of about $2,000 each. Despite this, 20 percent of eligible taxpayers did not receive their EITC in 2011. That is why I have attended EITC events in Cedar Rapids and Iowa City to raise awareness. I volunteered at these events to help local residents fill out and file their federal income tax returns. If you believe you may be eligible for the EITC, click here to find out more or click here to find a free file site near you.
I hope you will join me in getting the word out about this important tax credit.
Iowa’s Second District