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CFO Sink Encourages Floridians to Claim Earned Income Tax Credit and Undelivered Refunds

1/29/2010

CONTACT: Kyra Jennings or Nina Banister, 850-413-2842
 
10,000 Floridians believed to be eligible for an estimated $15 million with the EITC
TALLAHASSEE –Florida CFO Alex Sink is urging Florida taxpayers to find out if they may be one of the estimated 10,000 Floridians who qualify for the Earned Income Tax Credit (EITC), a federal tax credit for low-income working individuals and families, on Earned Income Tax Credit Awareness Day 2010.  Eligible Floridians are due back an estimated $15 million, on top of what they already may be claiming on their taxes, if they all claimed the EITC. 
 
“As so many of Florida’s families are facing tough economic times, I want to make sure that every single taxpayer who is eligible for this money is getting what they are owed.  These savings could be used to pay down family debt, make a house payment, or go to a child’s college tuition,” said CFO Sink.  “These dollars could make a big difference in the lives of Florida’s hard-working families, and the money is simply waiting to be claimed.”
 
CFO Sink’s Bureau of Consumer Outreach will hold several events to promote awareness of those who qualify for the EITC, including events with the RealSense Prosperity Campaign Tax Season and Earned Income Tax Credit Awareness Day and the EITC Kick-off with Legal Services of Mid-Florida.
 
On Earned Income Tax Credit Awareness Day, CFO Sink also encouraged Floridians to claim their undelivered tax refunds.  In Florida, the average undeliverable refund is $1,538, and some taxpayers may be due more than one check.  To find out if they have an undeliverable refund, taxpayers can visit http://www.irs.,gov and click on “Where’s My Refund.”  A list of undelivered refunds by county is attached.
 
The EITC helps taxpayers whose incomes are below $40,295 for families with two or more qualifying children, $35,463 for individuals with one qualifying child and $13,440 for individuals who have no qualifying children.  Floridians can visit http://www.eitc.irs.gov to find out more about the tax credit and determine if they qualify. There are many free tax preparation sites throughout Florida.  To find the nearest free tax assistance site, call the IRS at 1-800-829-1040.