Your Community in Action!
By Area Community Services Employment & Training Council (ACSET)
The New Year is here! It’s also the beginning of tax season. For many, income tax preparation can be an overwhelming process.
What tax credits am I eligible for? What if I make a mistake?
There are plenty of services that can prepare your taxes for you, but if you’re on a limited budget, that might not be an option. Did you know that ACSET Community Action Agency (CAA) provides free income tax preparation and filing for qualifying residents of Kent County?
According to the IRS, last year in the State of Michigan, $2 billion dollars was received by low-income workers in the form of the Earned Income Tax Credit or EITC. This averaged out to $2,488 in tax refunds per qualifying household. However, it is estimated that 20% of eligible workers in the United States do not claim the EITC. Are you one of those missing out on a larger tax refund?
To benefit from the EITC, you must file a tax return for 2016. If you are not sure where to begin, the CAA Tax Preparation Assistance program can help. The program was developed to increase the number of low-income families receiving the EITC.
Want to know if you qualify for a larger refund in 2017?
- Find out if you meet the EITC basic qualifications. Visit the EITC website to learn more.
- See if your income meets the limits required by the program. Visit the IRS website to find out the 2016 tax year limits.
- Contact ACSET CAA’s Tax Preparation Assistance program at 616-336-4000 for additional assistance.
Your Community in Action! is provided by ASCET Community Action Agency. To learn more about how they help meet emergency needs and assist with areas of self-sufficiency, visit www.communityactionkent.org.