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Tax and Benefits Outreach
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Supports
for working families trainings
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Format )
Family
Income Policy & Advocacy
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Family
Income Tools: Information and resources for
New York advocates, community organizers and community
members!
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Research
& Reports on Tax and Benefit Outreach
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SUPPORTS FOR WORKING FAMILIES
Tax Credit Outreach
Initiative
Since its inception in 1975, the Earned Income Tax Credit (EITC)
has grown to become the single most important federal anti-poverty
program in the nation. In 2003, the EITC lifted 4.4 million individuals,
including 2.4 million children, out of poverty. In that year, 21.4
million families and individuals claimed the credit and the IRS
gave back $38.3 billion in EITC refunds.
Also in 2003, 1.4 million New Yorkers received more than $3.25
billion in EITC refunds with an average refund of nearly $2,300.
However, these same New Yorkers spent an estimated $207 million
of their refunds on paid tax preparation and high interest Refund
Anticipation Loan fees.
For New Yorkers who worked even part-time in 2005, the EITC can
be worth up to $5,700, and more if they live in New York City, depending
on income. The Child Tax Credit (CTC) can add up to an additional
$1,000 per child. Despite the obvious benefit of the EITC, nearly
20 percent of eligible New Yorkers do not claim the credit. These
workers are missing out on thousands of dollars that can help them
cover expenses like rent, utilities, groceries and childcare.
Since 2003, CDF-NY has successfully implemented a two-pronged Earned
Income and Child Tax Credits initiative that targets employers and
community service providers. The goal of the project is to educate
low-income workers about tax credits and where they can get free
assistance in filing their taxes. CDF-NY continues to build on the
successes of the past to expand its outreach to thousands of working
New York City residents who are eligible but not claiming the credit.
For more information about CDF-NY's Earned Income and Child Tax
Credit Initiative, please contact Minerva Delgado, Senior Project
Manager, at (212) 697-2323 or mdelgado@cdfny.org.
Check out our outreach tools.
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