SALEM, Ore. (KTVZ) – As Earned Income Tax Credit Awareness Day approaches Friday, the Oregon Department of Revenue and the Oregon Department of Human Services are encouraging all workers with income in 2021 to verify their eligibility for the earned income tax credit.
The Earned Income Tax Credit, which can return families up to $6,728 when they file their taxes, is a federal and state tax credit for people earning less than $57,414 a year. Many Oregonians are missing out because they just don’t know it, especially those who aren’t required to file taxes.
Even if you are not required to file a tax return, you may still qualify for the earned income tax credit. If you do, you will need to file a federal and state return in order to get this refundable credit.
Earned Income Tax Credit Awareness Day is a national effort to raise awareness of the Earned Income Tax Credit and free tax preparation sites. There are voluntary organizations, such as Metropolitan Family Services and AARP, that can help you file your taxes for free or at low cost. More information can be found on the Oregon Department of Revenue website.
Basic qualifications for the EITC include:
- All filing statuses are eligible, but some have specific requirements that must be met to be eligible.
- You, your spouse, or any eligible child must have a Social Security number.
- Your earned income in 2021 must be below certain limits based on your number of eligible dependents.
- You may be eligible even if you do not have an eligible child.
The Department of Revenue and ODHS are working with other state agencies and community partners to encourage taxpayers to learn more about this credit and find out if they qualify.
Taxpayers can use the IRS EITC wizard to further verify their eligibility. The wizard is available in English and Spanish.
CASH Oregon provides free or low-cost in-person tax preparation services throughout Oregon. To see its locations, visit www.cashoregon.org. People can also dial 2-1-1 to find free tax preparation sites.
For more information about the EITC, visit https://www.eitc.irs.gov/. For questions about Oregon taxes, call the Department of Revenue at 503-378-4988.