Thumbnet.net header graphic

Area News Headlines

These news headlines brought to you by these fine sponsors:

Osentoski Kevin Rice Osentoski Bad Axe A-1 TRUCK Ed's Bump Shop Dirty Time Landscaping Scheurer Hospital Schilling Insurance Tri-Country Equipment A&B Auto Repair JW Hunt Maurer Electric Lundy Financial Services KINDINGER & KROLL Advanced Auto Glass East Side Tire ABC OIL AVCI.net Morrel Equipment
ABC OIL AVCI.net Morrel Equipment Osentoski Kevin Rice Osentoski Bad Axe A-1 TRUCK Ed's Bump Shop Dirty Time Landscaping Scheurer Hospital Schilling Insurance Tri-Country Equipment A&B Auto Repair JW Hunt Maurer Electric Lundy Financial Services KINDINGER & KROLL Advanced Auto Glass East Side Tire
Morrel Equipment Osentoski Kevin Rice Osentoski Bad Axe A-1 TRUCK Ed's Bump Shop Dirty Time Landscaping Scheurer Hospital Schilling Insurance Tri-Country Equipment A&B Auto Repair JW Hunt Maurer Electric Lundy Financial Services KINDINGER & KROLL Advanced Auto Glass East Side Tire ABC OIL AVCI.net
East Side Tire ABC OIL AVCI.net Morrel Equipment Osentoski Kevin Rice Osentoski Bad Axe A-1 TRUCK Ed's Bump Shop Dirty Time Landscaping Scheurer Hospital Schilling Insurance Tri-Country Equipment A&B Auto Repair JW Hunt Maurer Electric Lundy Financial Services KINDINGER & KROLL Advanced Auto Glass
AVCI.net Morrel Equipment Osentoski Kevin Rice Osentoski Bad Axe A-1 TRUCK Ed's Bump Shop Dirty Time Landscaping Scheurer Hospital Schilling Insurance Tri-Country Equipment A&B Auto Repair JW Hunt Maurer Electric Lundy Financial Services KINDINGER & KROLL Advanced Auto Glass East Side Tire ABC OIL

 

Treasury- Working Families & Individuals Eligible for Michigan Earned Income Tax Credit

Tom Greene

Sat, 20 Feb 2021 08:38:35 EST

 


click on the picture to enlarge







Working families and individuals with low to moderate income may be able to receive Michigan's Earned Income Tax Credit (EITC), according to the Michigan Department of Treasury.

To qualify, individuals must meet certain requirements and file a federal income tax return, even if no tax is owed or there is no requirement to file a return.

If a federal EITC is granted, the state of Michigan will provide a 6% supplemental EITC when the taxpayer files his or her state income tax return.

"The Earned Income Tax Credit is a very important tax credit that all eligible Michiganders should seek out," said State Treasurer Rachael Eubanks. "The extra income this tax credit provides can be really helpful to working, low to moderate income families. Please don't hesitate to seek out assistance so you can claim it on both your federal and state individual income tax returns."

The amount of the federal EITC depends on income, filing status and number of qualifying children claimed as dependents on the taxpayer's federal income tax return. The EITC reduces the amount of tax owed and may provide a refund.

During the 2019 tax year, approximately 738,400 claimants received the Michigan EITC, totaling almost $110.6 Million with an average credit amount of $150.

The state Treasury Department estimates there are thousands of eligible Michiganders who are eligible for both the federal and state EITCs and do not claim them each year.

To learn more about the EITC, go to This Website.


   

 

 

Copyright © 2010 - 2021 Thumbnet.net and Thumb Broadcasting Incorporated

An equal opportunity employer EEO Report

Privacy Policy | FM Public File | AM Public File

WebReady powered by WireReady® NSI

McVey Insurance Big Boy Top of the Hill Services The Pasta House HISD D&m Cabinet Peppermill McCormick Motors GREENSTONE FARM CREDIT SERVICES Nick Checkly Van Dyke Collision