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GET MONEY BACK WITH THE EARNED INCOME TAX CREDIT
Monday, January 30th, 2012 -- 8:46 am
Posted by Riley Hebert-News Director
Many workers may be able to get money back from the government through the Earned Income Tax Credit.
In 2010, 377,992 Wisconsin families received an average of $2,007 or a total of $759 million from the IRS in earned income credits. Christopher Miller of the IRS says families earning $49,078 or less from wages, self-employment or farming in 2011 are urged to see if they qualify for the credit.
In tax year 2011 the maximum credit that can be returned is $5,751 for a family with three or more qualifying children. Miller said the amount a family can receive depends on the number of children, parental status, marital status and other requirements.
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