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Tax Credits Can Help Families Struggling During Pandemic

Source: https://publicnewsservice.org/2021-01-26/poverty/tax-credits-can-help-families-struggling-during-pandemic/a72935-1 - Jan 26, 2021

DENVER -- Coloradans who lost jobs or income during the coronavirus pandemic may qualify for the federal Earned Income Tax Credit (EITC) when they file their 2020 taxes.

Kelly Wagoner, director of the group Get Ahead Colorado, said it's an opportunity to get as much as $6,600 dollars into the pockets of struggling families earning $57,000 a year or less.

Even before the health emergency, one in four eligible families in Colorado missed out on getting the federal cash-back refund.

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Category: General Business