Campaign Launches for Income Tax Help
LOS ANGELES (CBS) — A new campaign is aiming to help low-and-moderate-income families take advantage of a tax credit of up to $5,666.
The United Way of Greater Los Angeles is heading the Earned Income Tax Credit campaign. Officials say there are approximately 800,000 taxpayers in LA county that qualify for EITC.
For the 2010 tax year, families with three or more qualifying children who earn less than$48,362, or $43,352 for a single parent, are eligible for up to a $5,666 refund. Families with two children who earn less than $45,373, or $40,363 for a single parent, are eligible for up to $5,036; families with one child who earn less than $40,545, or $35,535 for a single parent, are eligible for up to $3,050.
Married workers, ages 25-64, who earn less than $18,470, or $13,460 if single with no children, are eligible for up to $457 refund.
For links on how to get free tax help, click here.
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