IRS Encourages Tribal Communities to Check Out Earned Income Tax Credit

Internal Revenue Service press release --------- The Internal Revenue Service urges Native American taxpayers to look into the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) to see if they qualify. The EITC is a federal income tax credit for working people who don't earn a lot ($53,930 or less for 2017) and meet certain eligibility requirements. Because it’s a refundable credit, those who qualify and claim the credit could pay less federal tax, pay no tax or even get a tax refund. EITC can mean up to a $6,318 refund for working families with qualifying children. Workers without a qualifying child could be eligible for a smaller credit up to $510. On average, EITC adds an additional $2,445 to refunds. To learn more click on the picture below to read the release.