The Internal Revenue Service is appealing to Nebraska taxpayers to sign up for the Earned Income Tax Credit.
Ken Corbin, who directs the program for the IRS, says if you made money working in 2015, you may be eligible for the credit.
“Any person who has earned income from employment — whether you’re running a business, farming or self-employed — could potentially qualify for EITC,” Corbin says.
In Nebraska last year, he says 130,000 families got more than $310-million in Earned Income Tax Credit dollars. Each family averaged around $2,300.
Corbin says there are still one in five people who may be eligible, who don’t know about the credit, or who don’t file for it.
“Meaning that more than one-million of the taxpayers are not putting EITC dollars to work for them,” Corbin says. “Anyone with earnings of $54,000 dollars or less should see if they qualify at IRS.gov, search word: EITC.”
You may’ve checked in the past and found you weren’t eligible for the credit. Corbin says you should check again, especially if you’ve had some major changes in your life.
“Marital status changes, they might have children, employment changes, changes in their income,” Corbin says.
He says you should check each tax year to see if changes might make you eligible. Corbin says you can still file and claim the EITC tax credit even if you are not required to file a tax return.