Monday, January 25, 2010

Assistance to military for Preparing Earned Income Tax Credits

TAX HELP WITH EARNED INCOME TAX CREDITS

WHAT: Assistance to military for Preparing Earned Income Tax Credits
(EITC)

WHERE: Main PX, bldg 1611, Marshall Road, Fort Bliss

WHEN: 9a.m. to 4p.m., Friday, January 29, 2010

WHO: The IRS and Fort Bliss Tax Center

WHY: Last year, more than 2.2 million taxpayers claimed the EITC in Texas
totaling more than $5.3 billion. Despite this huge sum of money, more is
available. The IRS believes one in four eligible taxpayers FAIL TO CLAIM
the credit.

ADDITIONAL INFO: This year changes in the law mean more money for larger
families. Families with three or more qualifying children can receive a
maximum of $5,657. In addition, married couples filing a joint tax return
can earn up to $48,279 and claim the credit if they have three or more
Qualifying dependents. This top income threshold has increased from
$41,646 last year with two qualifying dependents. January 29, 2010 is
National EITC Day. There are hundreds of events being held this day across
the United States.

Additional information at 568-6079

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