EITC

I volunteer to help people with their income tax down at the senior center and many of our clients are single moms. Because of their low income they do not pay any tax but often times they do not realize that if they just worked a few hours they would qualify for the earned income tax credit (EITC) and it can be sizable. For example if a single mom with two children just earned $5,000 she would be entitled to a $2,010 refund from the government. If she earned $10,000 her credit would be $4,000. An addition both moms would qualify for a $2,800 child tax refund. Just working 10 hours a week at Walmart and she gets a $4,800 check when she files. This is a big deal for these young women. There is a quick calculator at: https://www.efile.com/what-is-the-earned-income-tax-credit-eitc-eic-eligibility-schedule-calculator/