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MAIN
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A Joint Project of the Maine
Association of Interdependent Neighborhoods |
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Volume 9 No. 1 |
February 2005 |
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MAIN
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A Joint Project of the Maine
Association of Interdependent Neighborhoods |
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Volume 9 No. 1 |
February 2005 |
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Get Money Back from the IRS
Claim Your Earned Income Credit (EIC)
Get more from your regular paycheck! The EIC is a special tax benefit for people who work full-time or part-time. If you qualify, you'll owe less in taxes and you may get cash back. Even if you don't owe income tax you can get the credit. But you must file a tax return.
Who Can Get the Credit?
Workers who were raising children in their homes and who earned less than $34,458* in 2004 can get an EIC up to $4,300. Workers raising only one child who earned less than $30,338* can get an EIC up to $2,604. File Form 1040 or 1040A, and attach Schedule EIC.
Workers between ages 25 and 64, who were not raising children in their home, and who earned less than $11,490* in 2004 can get an EIC up to $390. File any tax form.
* If you are married, the income limit is $1,000 higher than this amount. Many married workers will get a larger EIC.Tax Time Can Pay Even More:
Claim You Child Tax Credit (CTC) Refund!Many families that earned more than $10,750 may qualify for the Child Tax Credit (CTC) refund-up to $1,000 for each dependent child under age 17. See the instructions for Form 1040 or 1040A.
Where to Get Free Help
If you pay someone to do your taxes you will pay expensive add-on charges for services like e-filing and “rapid refunds,” or you can get free information and help.
Call IRS at 1-800-829-1040.
Pine Tree Legal Assistance website (listing of many free resources online and statewide)
In Southern Maine get free help from:
Greater Portland Tax Assistance Program 773-3785
Lewiston-Auburn Tax Credit Awareness 784-2951
Western ME. Tax Assistance Program 1-800-645-9636
York County CA$H Campaign 1-800-965-5762
