Many Bronx residents could be eligible for the Earned Income Tax Credit
The city is trying to get the word out to Bronx residents that there is a way to get between $500 and $5,000 back into their pockets. The Earned Income Tax Credit (EITC) is a tax break for people who work, but earn a low income.
There are several ways to qualify for the EITC:
Single, between the ages of 25 and 64, no kids and earn less than $11,230/yearSingle, more than one child and earn less than $33,692/yearYou must have a valid social security numberBe a U.S. citizen or have a green card
Last year 230,000 New Yorkers were eligible to get money back but didn't know about it, so the city decided to get the word out for this year. Thirty different agencies are handing out brochures in nine different languages. The city has also taken out subway and bus ads, as well as radio and TV ads, which will run until April 15.
The Community Food Resource Center on East 149th Street offers free tax assistance to low income families. In addition, more than 300 IRS volunteers are offering free tax help at 42 centers throughout the five boroughs.