skip to main content
skip to newscasts

Friday, December 8, 2023

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Some South Dakota farmers are unhappy with industrial ag getting conservation funds; Texas judge allows abortion in Cox case; Native tribes express concern over Nevada's clean energy projects.

view newscast page
play newscast audioPlay

The Colorado Supreme Court weighs barring Trump from office, Georgia Republicans may be defying a federal judge with a Congressional map splitting a Black majority district and fake electors in Wisconsin finally agree Biden won there in 2020.

view newscast page
play newscast audioPlay

Texas welcomes more visitors near Big Bend but locals worry the water won't last, those dependent on Colorado's Dolores River fear the same but have found common ground solutions, and a new film highlights historical healthcare challenges in rural Appalachia.

Tax Credits Can Help Families Struggling During Pandemic

play audio
Play

Tuesday, January 26, 2021   

DENVER -- Coloradans who lost jobs or income during the coronavirus pandemic may qualify for the federal Earned Income Tax Credit (EITC) when they file their 2020 taxes.

Kelly Wagoner, director of the group Get Ahead Colorado, said it's an opportunity to get as much as $6,600 dollars into the pockets of struggling families earning $57,000 a year or less.

Even before the health emergency, one in four eligible families in Colorado missed out on getting the federal cash-back refund.

"We want to make sure that families, especially during these hard economic times as a result of the pandemic, that they are getting as much cash back as due them," Wagoner emphasized. "And they can do that by filing their taxes for free and claiming the Earned Income Tax Credit, the Child Tax Credit."

Colorado matches 10% of your total federal EITC refund, and a new state law extends that match to workers with Individual Taxpayer Identification Numbers.

Single or married taxpayers with children who earned more than $2,500 dollars last year also qualify for the Child Tax Credit, worth up to $1,400 refund dollars per child.

But Wagoner noted you do have to file your taxes to get a refund. There's a free online calculator to find out if you qualify for the EITC at GetMyRefundCO.org, or call 211 where you can also get help filing your return.

The IRS said taxpayers who claim the Earned Income or Child tax credit may experience a refund hold until at least mid-February.

Wagoner added people should read the fine print if they choose a paid tax preparer to file their 2020 return, which costs $200 on average, if they offer money up front against your refund.

"If they are offering any kind of refund, anticipation loan or credit, that is going to be deducted from whatever refund you are due," Wagoner confirmed. "And so we want to make sure that people are getting all of the money that is due to them back in their pockets."

Households that earned $57,000 or less in 2020 also can get free help to file taxes from IRS-certified tax preparers, who are trained to tap tax credits.

If you made $72,000 or less, you can file your taxes for free online using a computer or use a smartphone to upload tax documents to a secure site. You'll get a call back from a tax pro who will review and file your tax return remotely.


get more stories like this via email

more stories
More than 2,000 patients with intellectual or developmental disabilities have received dental care in group home day center settings across North Carolina, according to Access Dental. (Adobe Stock)

Health and Wellness

play sound

Most people probably never give a second thought to their visits to the dentist, but not everyone can navigate this process with ease. People with …


Social Issues

play sound

Christmas is a little more than two weeks away, and toy drives around the country are in full swing. A North Dakota organizer shares some things to …

Social Issues

play sound

A federal judge in Nevada has dealt three tribal nations a legal setback in their efforts to stop what could be the construction of the country's larg…


A study on earth.org reveals a 6 1/2-foot artificial Christmas tree would have to be used for at least 12 years for it to be more ecofriendly than a real Christmas tree. (Adobe Stock)

Environment

play sound

Hoosiers could get their holiday trees from any of about 200 tree farms in the state, according to the Indiana Christmas Tree Growers Association…

Social Issues

play sound

Reports from the Insurance Commissioner's office and the state Attorney General reveal an analysis of what they call "the true costs of health care" i…

Environment

play sound

Connecticut lawmakers are reluctant to approve new emission standards that would require 90% cleaner emissions from internal-combustion engines and re…

Social Issues

play sound

Another controversial move in Florida's education system is a proposal to drop sociology, the study of social life and the causes and consequences of …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021