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www.wmfd.com - Many tax payers in Ohio are not taking advantage of EITC. }}" />

   
 
 
Ohioan's May Not Claim The Full Tax Return They Deserve

Story By: Brian Skowronski

 

 

 
 
 
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  Original Published: 3/31/2014

IRS Media Relaions rep Jennifer Jenkins says there's "a tax credit that is out there that is designed for folks that are low to moderate incomes called the Earned Income Credit or EITC" that thousands of Ohioan's are not taking advantage of and should be.

Jenkins says the IRS estimates that only 80% of people that are eligible actually claim EITC, and the other 20% are potentially missing out on thousands of dollars.

The credit can be worth up to nearly $6,000, according to Jenkins, but says that most people don't get that much.

"Last year the average here in Richland County specifically was over $2,000." Jenkins says.

The state average is approximately $2,219 per eligible tax payer.

To be eligible for EITC, Jenkins says your income must be below $52,000 for the year and that various factors determine the amount of the credit. Jenkins suggests visiting the IRS website and utilizing the EITC assistant to see check on qualification.

If a tax payer does qualify to claim EITC, Jenkins insists "they should claim it and get that money." She added that tax money can be claimed dating back three years if it is discovered that EITC or any other credit was earned and not claimed.

   
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