NEWS RELEASE
Posted: Jan. 6, 2003
MINNER,
MARKELL & BAKER: TAX CREDITS AVAILABLE
STANTON -- Governor Ruth Ann
Minner was joined today by State Treasurer Jack Markell and
Wilmington Mayor James Baker to launch a statewide campaign to
encourage low and moderate income working families to take advantage
of millions of dollars available through the federal Earned Income
Tax Credit.
During a press conference at
ShopRite in Stanton, Gov. Minner pointed out that the goal of the
campaign is to increase the number of Delaware residents who file
for the federal Earned Income Tax Credit, or EITC. A related goal is
to increase the number of people who receive free tax filing
assistance so they do not have to pay exorbitant fees to tax
preparation firms.
“The EITC is a tax benefit
for working people who earn less than $33,178 a year, Gov. Minner
said. “It reduces the tax burden on these workers, supplements their
wages and helps families pay bills or save for the future. EITC
refunds can be up to $4,140 per year, depending on family size and
income.”
The Delaware Earned Income
Tax Credit Campaign also will help workers claim the credit by
offering free tax help sites throughout the state starting January
15, 2003.
“We’ll help workers with
household incomes below $34,000 prepare and electronically file
their federal and state income tax returns and claim significant
refunds through the federal Earned Income Tax Credit,” said Jack
Markell. “Workers who think they earn too little to file tax returns
could gain the most from this service by collecting hefty refunds
from Uncle Sam.”
“The city government is
proud to be part of a statewide effort to educate citizens about the
Earned Income Tax Credit which is an especially important issue for
Wilmington citizens,” Wilmington Mayor James M. Baker said. “Many
EITC eligible wage earners live in our city.
They will now have a chance
to increase their family’s income and their personal buying power. I
am honored to join Governor Minner and State Treasurer Markell as a
co-chair of this important information and education campaign that
will be extremely beneficial for people in Wilmington and throughout
Delaware.”
E-filing provides the
highest degree of speed, accuracy and security in filing tax
returns. Workers can speed the process of their refund by e-filing
their return and by arranging for a direct deposit into a bank
account.
The Delaware Earned Income
Tax Credit Campaign has been working closely with local employers,
civic groups, religious organizations and the IRS to recruit and
train 250 qualified volunteers to prepare taxes as part of the IRS
Volunteer Income Tax Assistance (VITA) program. At several tax
sites, customers also will be able to open PNC savings accounts on
the spot. Information also will be provided on financial education
workshops and state programs that could help workers save on daily
expenses such as health care benefits for children, fuel assistance
and food stamps.
The tax sites, which are
hosted by 12 non-profit organizations in Wilmington, Newark,
Middletown, Dover, Milford, Georgetown and Seaford will have regular
hours throughout tax season. The Delaware HelpLine 1-800-464-4357
will be available to tax payers to provide them with scheduling
other basic information regarding the campaign and tax preparation.
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