(FLORIDA)- Could you use some extra cash at tax time? The Earned Income Tax Credit (EITC) is a tax break designed to assist low- to moderate-income workers and families. If you qualify, this credit can reduce the amount of taxes you owe and may even increase your refund.
Free Assistance from FRLS Low-Income Taxpayer Clinic
The Florida Rural Legal Services (FRLS) Low-Income Taxpayer Clinic provides free assistance to eligible taxpayers looking to claim the EITC. As a grant-funded service, FRLS ensures that qualified individuals can access the support they need this tax season at no cost.
Who Qualifies for EITC?
While four out of five eligible taxpayers claim the EITC, many still miss out on this credit. Many qualify for the first time due to changes in marital, parental, or financial status.
You may be eligible for the EITC if you have low to moderate income. Factors that may affect the amount of your credit include the number of children or dependents you have, disability status, and other specific criteria. Military personnel and clergy should review special EITC rules, as claiming the credit may impact other government benefits.
Common Errors That Could Affect Your Claim
To avoid delays or rejections when filing for the EITC, ensure the following requirements are met:
- Child Qualifications: The child must meet the relationship, residency, age, and joint return rules. A qualifying child must be related to you, live in your home for more than half the tax year, meet the age requirements, and not file a joint return with a spouse.
- More Than One Person Claiming the Child: Only one person can claim a qualifying child. The child must have lived with you for more than half the tax year.
- Social Security Number (SSN) Mismatch: The SSN and name on your tax return must match exactly as they appear on the Social Security card for everyone listed.
- Incorrect Filing Status: If you are married and lived with your spouse for the last six months of the year, you cannot file as single or head of household to claim the EITC.
- Incorrect Income Reporting: Ensure you include all Forms W-2, W-2G, 1099-MISC, 1099-NEC, 1099-K, and any other income records when calculating your earned income. If discrepancies arise, you may need to provide additional documentation, such as pay statements, electronic payment records, or a letter from your employer verifying employment and wages.
Celebrating EITC Awareness Day and 50 Years of Impact
On January 31, 2025, the 19th Annual EITC Awareness Day highlights the program’s 50-year history of supporting America’s working families. Established under the Tax Reduction Act of 1975, the EITC was created to provide financial relief to families and encourage work. Over the years, it has grown into one of the federal government’s largest antipoverty programs, helping millions meet their needs, including food and housing, according to the IRS.
If you think you qualify for the EITC, don’t miss out on this opportunity for a tax break. With free assistance available from the FRLS Low-Income Taxpayer Clinic, eligible taxpayers can receive the support needed to file accurately and maximize their refunds.
For more information, contact the Low-Income Taxpayer Clinic for assistance at 1-888-582-3410.
