If you earn less than $54,000 you may qualify for a refund of up to $8,529
Neptune, NJ, January 20, 2017– The FoodBank of Monmouth and Ocean Counties wants to alert workers to a special tax credit that can put money directly in their pockets.
“Earned Imcome Tax Credits (EITC) is a tax benefit for working people and their families and it allows more dollars to flow into our community. It’s money workers can use for groceries, rent, utilities and other bills,” said Carlos Rodriguez, FoodBank Executive Director. “We want workers who qualify to have all the information and help they need to claim their refunds so they can get a hand up and begin to move forward.”
Nationwide, the credit returned about $66.7 billion dollars to about 27.5 million working families and individuals in 2015. The tax credit returned about $3.5 million to 2400 workers locally last year through the FoodBank’s Volunteer Income Tax Assistance (VITA) program. The amount of the refund varies based on income, size of family and filing status. It can mean up to a $506 refund for those without a qualifying child, and up to $8,529 for those with three or more qualifying children. The average refund last year was $2,349 per household in New Jersey.
If you qualify, you must file a tax return, even if you have no tax to pay, to claim the credit. The FoodBank uses IRS-trained volunteers in several locations throughout Monmouth and Ocean Counties.
For more information on whether you might qualify, what to bring to your appointment and where you can go for help, click HERE. To book an appointment, call the FoodBank at 732-643-5888 or DIAL 211. Walk-ins are also accepted!