Alongside United Way’s President and CEO Elise Buik, Los Angeles Mayor Antonio Villaraigosa officially announced the start of the annual Greater L.A. EITC Campaign at a press conference last Monday.
The joint initiative between United Way, the City and County of Los Angeles, State Controller John Chiang’s Office and the IRS is part of a national effort to help low to moderate-income families attain financial stability by securing an estimated $2 billion in refunds for qualified taxpayers.
By claiming valuable credits such as the Earned Income Tax Credit, a working family with three or more children may be eligible to receive up to $5,751 for the 2011 tax year – the equivalent of nearly two months of income.
According to Elise Buik: “The EITC is a vastly underutilized benefit – with 20 percent of taxpayers leaving $300 million on the table. In the meantime, the cost of food and housing is on the rise and wage growth is virtually nonexistent,” she said. “This year, we want to increase participation in the program by 10 percent which means almost 50,000 local residents will get free tax assistance to claim the money that is rightfully theirs.”
Those who are interested in starting 2012 off on solid financial footing should follow these three simple steps:
1. See if you qualify for VITA (Volunteer Income Tax Assistance)…
The program is open to all working individuals and families who earned a combined household income of 49,000 or less in 2011.
2. Choose from more than 150 convenient locations…
Call (800) 906-9887 or visit FreeTaxHelpLA.com to find a tax preparation site near you.
3. Get your refund faster…
In order to expedite the process, remember to bring the following items to your tax appointment:
- Photo ID
- Social security card
- W-2s, 1099s and other tax-related documents
- Voided check or account statement with bank routing numbers
- Your spouse (if married and filing jointly)
Read the press release.
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