File Early for Earned Income Tax Savings
Written by Valley of the Sun United Way
Published on Jan 24, 2016
April 15 is fast approaching.
It’s time to figure out taxes. Work, family, life…we are all busy, but the sooner you file, the sooner you get back what you deserve.
Get Money Back?
Most people are so worried about what they’ll owe on taxes, they don’t realize they may get something back this year.
In fact, hardworking families and individuals who earned up to $54,000 in 2015 could qualify for up to $6,200 through the Earned Income Tax Credit (EITC).
Do You Qualify for *Up to $6,200 in Tax Refunds?
You may. Taxpayers can apply for other tax credits they may be eligible for (but unaware of) such as the EITC. You could even qualify for free tax preparation through the Volunter Income Tax Assistance (VITA) progam.
Find A VITA Location Near Me
$2 Million Returned Last Year
Last year, VITA volunteers helped about 1,340 West Valley taxpayers connect to nearly $2 million in refunds they were due. Community members reported using it for vital needs such as food, clothing, housing, affordable childcare and educational opportunities to strengthen their futures.
Don’t forget to bring:
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Social Security cards or IRS ITIN cards for all dependents
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Picture ID for taxpayer and spouse
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Proof of all income, including W-2 and 1099 forms
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Name, address and tax ID number of childcare provider
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Amount paid to childcare provider in 2013
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Account and routing numbers for direct deposit
To electronically file and get the fastest refunds, both spouses must be present to sign joint returns.
Charlie Boyce is Vice President of Community Impact for Valley of the Sun United Way. He guides United Way’s Community Objective to Increase Financial Stability of Families and Individuals. He oversees delivery of Financial Coaching trainings, the West Valley Volunteer Income Tax Assistance (VITA) Coalition and workforce development partnerships.
About VITA: The Maricopa County VITA Network is a partnership among Valley of the Sun United Way, AARP Tax-Aide, City of Phoenix, City of Chandler, Mesa United Way and Tempe Community Council.
Note: United Way is not a tax advisor. As with any financial recommendation, contact a qualified tax professional for expert advice on your specific tax situation.