The deadline for filing our IRS tax returns – Monday, April 18th – is approaching. And this year, a new cash back tax credit is easing the financial stress of many California families. The California Earned Income Tax Credit (CalEITC) is a new state tax credit aimed at putting much needed money back in the hands of California’s lowest income families. The CalEITC has the potential to help about 600,000 families – including qualifying IHSS home care providers.
The credit will boost incomes and help many low-wage workers provide for their families. With the CalEITC, families who live paycheck to paycheck all year will get cash back to help them start a savings account, catch up on past due bills, afford car repairs, and more.
IHSS providers and other workers may be eligible for the CalEITC if you made less than $13,870 last year. Find out if you are eligible, and how much your cash back tax credit will be with the CalEITC4Me Calculator.
You can only claim your cash back tax credits if you file your taxes. We don’t want any eligible families to miss out by letting this money go unclaimed, so be sure to share this information with your friends and family.
Get help with your taxes – for free!
Whether you qualify for the CalEITC or not, you can still take advantage of free tax preparation near you. If you made $54,000 or less in 2015, you are eligible to get your tax returns filed for free.
You can find free tax preparation near you at http://caleitc4me.org/get-it/. Be sure to share these valuable resources with your friends and family!