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MEMBER PROFILE
Earned Income Tax Credit (EITC)
Jacqueline Reeves
![]() The Homebuyer's Class at Ithaca Neighborhood Housing was an eye opener to all the possibilities and obstacles that I had to complete in order to achieve my goal. All this snowballed into me connecting with Alternatives. Brendan Wilbur and the staff there were helpful in setting up an IDA, a program where I can pay the bills needed to maintain a household and still be able to save. These are both things that I love to do. The IDA program provides people with information on the steps to homeownership. It's been a great experience for me, and I hope that young people are inspired to follow up on their dreams - if not for themselves - then for the generation that we have the responsibility to raise.
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What is EITC (Earned Income Tax Credit)? EITC is a tax credit for people who worked in 2009 but who had modest earnings. EITC can reduce or eliminate your income taxes and could earn you a tax refund...as much as $6,000! Even if you made very little money, it may be worth your while to file. Who qualifies for EITC? You must have worked full- or part-time in 2009. If you are unmarried, you must have income less than: If you are married, you must have income less than: What is the maximum credit?
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