|
Ohio Tax
Credit Information
Filing Tax Returns Can Give Families a Significant Financial Boost
This Year
(Washington, D.C.) There are
significant reasons for low- and moderate-income families to file
their tax returns this year. As the April 15 tax filing deadline
approaches, the
National Women’s Law Center and its state partners are educating
eligible families about both the state and federal tax credits and
economic stimulus payments that they can receive if they file their
taxes.
“The
economic downturn has hit women and their families especially
hard and they need all the help they can get,” said Nancy Duff
Campbell, Co-President of the National Women’s Law Center. “This
year, families may be eligible not only for tax benefits like the
federal Earned Income Tax Credit and the Child and Dependent Care
Tax Credit, but also economic stimulus payments that could be worth
as much as $1,800 for an eligible family with two qualifying
children.”
Families may be eligible for:
-
Up to $2,100 from the federal
Child and Dependent Care Tax
Credit, designed to offset some of the child and
dependent care costs that families pay in order to work.
-
Up to $1,000 per child from the
federal Child Tax Credit,
intended to help families offset some of the costs of
raising children. Families who owe little or no income tax can
receive at least some of this credit as a refund if they have at
least $11,750 in earnings.
-
Up to $4,716 from the
Earned Income Tax Credit,
which helps provide a wage supplement to eligible families, and is
available as a refund for those families that owe little or no
income tax.
In addition to the federal credits,
families may be eligible for additional state credits. And, under
the federal economic stimulus package, individuals and families may
be eligible for:
-
$300 to $600 for eligible individuals.
-
$600 to $1,200 for eligible married
couples.
-
An additional $300 per qualifying
child.
“But individuals and families must file
tax returns in order to receive these benefits,” emphasized
Campbell.
NWLC conducts a tax outreach campaign
each year to assist state advocates in educating families about
available tax benefits. As part of its
tax credits outreach campaign, NWLC is offering a user-friendly
online resource to explain the federal credits and state credits and
to provide information about the economic stimulus payments.
To find out what credits are available
and where to receive free tax preparation services, visit
www.nwlc.org/loweryourtaxes. For more information on the
stimulus payments visit NWLC’s
Economic Stimulus Payments page.
For more information on advocacy efforts
at the state level, please contact:
California:
Patty Siegel,
California Child Care Resource & Referral Network, (415) 882-0234
Iowa: Karon Perlowski,
Child and Family Policy Center, (515) 280-9027
Minnesota:
Ann McCully,
Minnesota Child Care Resources and Referral Network, (651) 290-9704
ext. 115
Nebraska:
Amanda Rucker,
Nebraska Children and Families Foundation, (402)
817-2004
New
Mexico:
Eric Griego,
New Mexico Voices for Children, (505) 244-9505
New York:
Carol Saginaw,
New York State Child Care Coordinating Council, (518) 690-4217
Ohio:
Judith
Santmire, Ohio Child Care Resource & Referral Association, (614)
396-5959 ext. 312
Oregon:
Mary Nemmers,
Oregon Child Care Resource & Referral Network, (503) 375-2644
Taxpayers
The VITA Program offers free tax help to
low- to moderate-income (generally, $40,000 and below) people who
cannot prepare their own tax returns. Certified volunteers sponsored
by various organizations receive training to help prepare basic tax
returns in communities across the country. VITA sites are generally
located at community and neighborhood centers, libraries, schools,
shopping malls, and other convenient locations. Most locations also
offer free electronic filing.
Click
here to find free tax preparation assistance near you.
(Link will open in new window.)
Note:
This information is provided for the
benefit of Ohio taxpayers.
OCCRRA is not affiliated with the VITA sites and does not give tax
advice.
Employers and Advocates
Toolkit for Advocates,
created by the NWLC Tax Credits Outreach Campaign. Get information
on why tax credits matter, guidance on planning an outreach
campaign, and sample campaign activities and materials.
Toolkit for Child Care Advocates, created by the
NWLC Tax Credits Outreach Campaign specifically for advocates
working on child care issues.
This informational flier may be
reproduced for distribution to individuals and families.
Este folleto puede ser reproducido para su distribución a individuos
y familias.
This
payroll/envelope stuffer may be reproduced for distribution to
individuals and families.
Esta adición al sobre puede ser
reproducida para la distribución a individuos y familias.
|
More information:
 |
 |
|
|
|
