Wednesday, September 18, 2024
CAP estimates that eligible families in Waupaca County do not claim up to $600,000 every year in Earned Income Tax Credits and spend thousands of dollars more for someone to prepare their taxes.
The Earned Income Tax Credit is a refundable federal income tax credit for low-income families. It is credited with raising more children out of poverty than any other program.
"We encourage people to have their refunds directly deposited into a bank account," Betsy Rozelle, CAP Services project coordinator said. Families then can have their refunds in less than two weeks, according to information from the Internal Revenue Service.
Using the Volunteer Income Tax Assistance sites and direct deposit eliminates preparation and loan fees, so families keep more money in their own pockets.
Waupaca County sites are Community First Credit Union, Fox Valley Technical College-Clintonville and Fox Valley Technical College-Waupaca.
For more information, contact Rozelle with CAP Services at brozelle@capmail.org or 920-209-0760. Appointment times are available from Feb. 5 to April 14.
