The Internal Revenue Service is urging Nebraska taxpayers to see if they qualify for the Earned Income Tax Credit. Generally, individuals and families who earned less than $52,000 dollars last year qualify.
IRS spokesman Christopher Miller says about 20% of taxpayers in Nebraska miss out on the credit each year, simply because they failed to check on whether they qualify or they didn’t file a return.
“You have to file a tax return and claim it in order to get it,” Miller says. “Even if you normally don’t have a filing requirement because you don’t make enough.
Last year, 134,000 Nebraska taxpayers claimed the credit for a total of $296-million. The average credit was for about $2,210.
Miller says only about four out of every five families in Nebraska and nationwide who qualify claim the credit each year. “Millions more do not, either because they don’t claim it when they file or they don’t file a tax return at all,” he says.
About one-third of those who claim the credit each year are getting it for the first time. “That’s because people’s lives change,” Miller says. “They change jobs, maybe they got married or divorced, or maybe they had a child. Every year, millions of us may be eligible for EITC for the very first time and may not know it.”
You can check to see if you qualify at www.IRS.gov.