Discover if you’re eligible for the Earned Income Tax Credit 2024 (EITC) and how Pisgah Legal Services offers free help to ensure you claim what you’re owed. Learn more about this valuable assistance today.
Discover if You Qualify for the Earned Income Tax Credit 2024
Hundreds of Western North Carolina laborers may qualify for a larger tax refund this year on account of the Earned Income Tax Credit 2024. To facilitate individuals’ access to this financial assistance, Pisgah Legal Services provides complimentary tax preparation and credit claim assistance.
The Internal Revenue Service is actively disseminating information on the Child Tax Credit and other refundable tax credits in observance of EITC Awareness Day, which is marked by its 18th anniversary. The assistance provided by Pisgah Legal Services last year enabled WNC taxpayers to obtain approximately $85,000 in EITC funds, highlighting the critical community benefit that such assistance can provide.
Individuals who worked last year with an income of less than $63,698 are encouraged to explore their eligibility for the EITC. With the potential for a refund of up to $7,430 when filing a return with qualifying children, the EITC presents a substantial opportunity for individuals without a qualifying child to claim a smaller credit of up to $600, aiding them in securing necessary financial resources.
Highlighting the significance of EITC Awareness Day, the IRS emphasizes that one out of five workers do not claim the EITC they have earned, leading to billions of dollars being left unclaimed each year. Pisgah Legal Services’ certified tax preparers are equipped to inquire about individuals’ eligibility for the EITC and other refundable tax credits, ensuring that those eligible receive the maximum refunds due.