Earned Income Tax Credit
Volunteers Make A Difference
Every year millions of dollars in tax refunds go unclaimed in Philadelphia. As a partner in The Philadelphia Campaign for Working Families, United Way of Southeastern Pennsylvania helps bring many of those millions back to Philadelphia's low-income working families by recruiting and training hundreds of volunteers across our area. The Campaign provides free tax assistance to families, helping them file for the federal Earned Income Tax Credit (EITC) and connects Philadelphia residents to other tax credits, public benefits, and asset-building resources through hundreds of local volunteers.
During the 2006 Tax Season
- 386 Volunteers
- 12,000 Tax Returns Filed
- $20.3 Million in Refunds
- Saved $4.8 Million
in Tax Prep Fees
Background
EITC
is a tax benefit for working people who
earn low and moderate incomes (less than
$42,000 a year). It reduces the tax burden
on these workers, supplements
their wages, and helps families pay bills or save for the future. EITC
refunds can be up to $4536 per year, based
on family size and income.
The Campaign increases the number of Philadelphia residents who file for
the EITC. It also boosts the number of people who receive free tax filing
assistance
and do not have to pay sky-high fees to commercial tax preparers. Over
the past five years, the Campaign has helped to bring $86 million in returns
to hard
working families. Similar EITC campaigns are underway in 23 cities and
four
rural areas across the nation, through the Annie E. Casey Foundation's "National
Assistance for Working Families Campaign."
Over the last 32 years, the EITC has reduced the annual tax burden for
low-income working families and emerged as America's largest and most effective
anti-poverty
program. In 2000, the EITC has provided roughly the same level of federal
assistance to low-income families nationwide as the TANF and food stamps
programs combined,
according to a study released in January 2003 by the Brookings Institution.
Questions? Send an email to taxvolunteer@uwsepa.org or
call 215-665-2460.
Questions?
Call 215-665-2460 or email taxvolunteer@uwsepa.org.
|