WMFD TV

Search Archive WMFD.com News

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

 

 

 
 
 
  Email Story to Friend
   
  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.

   
  MORE RECENT NEWS
 
Image1 Baseball as it was played in 1860 was showcased Sunday in Shelby. Full Story
Image1 A Galion man died from injuries he received in an all-terrain vehicle accident Saturday on Leesville Road, east of State Route 598 in Crawford County. Full Story
 
Image1 For the 20th anniversary of "The Shawshank Redemption," actor Scott Mann came back to Mansfield to debut his gallery of photographs he's taken over the years. Full Story
Image1 What was formerly a Lucas nightclub will be turned into a community center for all ages - but not without a little help. Full Story
  MORE NEWS
 

Lucas Community Center Raises Money to Finish Renovations

Pleasant Hill Lake Park Celebrates Labor Day

Richland Carrousel Park Celebrates 23rd Anniversary

Girls' night out with a medical twist

Beware of asphalt paving scams

Mosquito Spraying Schedule

More News