As
the 2008 tax year season kicks off, Neighborhood Networks center
staff members are encouraged to learn more about the Earned Income
Tax Credit (EITC) and help center users determine if they qualify
for the tax credit. The IRS
Web site delivers a wealth of information about the EITC, and
offers the EITC
Assistant, an online tool that enables individuals to quickly
and easily determine if they qualify for the tax credit.
Also,
now is a good time to share information about the Child Tax Credit
(CTC). This credit allows eligible individuals to claim a maximum
of $1,000 for each qualifying child. More information on the CTC
and eligibility requirements can be found on the IRS
Web site.
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