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Tag: earned income tax credit

  • New anti-poverty bill takes omnibus approach

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    STATE HOUSE, BOSTON — In a state where more than 10% of residents live in poverty, lawmakers are pitching an omnibus bill to expand cash benefit programs, raise wages, and create state-run initiatives to help families build wealth.

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    By Sam Drysdale | State House News Service

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  • Free Online Tax Assistance Offered Through NCFilesFree.org

    Free Online Tax Assistance Offered Through NCFilesFree.org

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    Press Release



    updated: Apr 14, 2017

    ​While the tax-filing deadline is just days away, there’s no need to panic. Taxpayers can still file their federal and state income tax returns — for free — online through April 18. They can even request extensions through that date.

    Taxpayers can access an easy-to-use free tax assistance service online at NCFilesFree.org. The system is designed to maximize refunds and help families claim the Earned Income Tax Credit (EITC). The service, offered by The Benefit Bank® of North Carolina, is available to low- and moderate-income taxpayers through the Durham-based nonprofit organization, MDC. There are no fees or charges of any kind.

    Ralph Gildehaus, MDC Senior Program Director, says most people either file their taxes in January or right before the April deadline. “If you need to file an extension, be sure to do so by April 18,” Gildehaus says. “After that point, almost all of the volunteer tax sites shut down, but you can use NCFilesFree.org up until your extension expires on October 18.”

    What you need to file:

    • Government issued ID
    • Social Security number(s)
    • W2ʼs, 1099ʼs, 1098ʼs
    • Previous yearʼs tax return (if available)
    • Information about other income
    • Deduction and credit information
    • Health coverage information (including 1095-A, 1095-B, 1095-C, if applicable)

    To qualify for using The Benefit Bank for taxes, gross household incomes (filing jointly) must be less than $95,000, or less than $65,000 (filing single).

    For more information, go to NCFilesFree.org. You may also call 2-1-1 for information about other free tax assistance services that may be available in your community.

    Source: The Benefit Bank® of North Carolina

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  • Free Tax Assistance Available Online Through the Benefit Bank® of North Carolina

    Free Tax Assistance Available Online Through the Benefit Bank® of North Carolina

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    Press Release



    updated: Apr 9, 2017

    The tax-filing deadline is around the corner and hard-working families across the state are spending hundreds of dollars on tax preparation when they don’t have to! The good news is through The Benefit Bank® of North Carolina (TBB™-NC), many taxpayers can file their federal and state income tax returns online, all for free. Taxpayers can access the easy-to-use services online at NCFilesFree.org. The system is designed to maximize taxpayers’ refunds and help them claim the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) if they are eligible. More than $400 million in federal tax credits go unclaimed every year in North Carolina. You can even file up to three years of back taxes. Users of the website will even be able to arrange for direct deposit of refunds into their bank accounts. These services help families breathe a sigh of relief during what is often a stressful time of year.

    “Tax preparation fees can take a big chunk out of your refund. Keep more of your hard-earned dollars by using a free tax-filing service available through NCFilesFree.org. You qualify if your household income is less than $95,000 for married couples filing jointly or less than $65,000 for individuals filing single. There are no fees or charges! This program is a public service of MDC—a North Carolina nonprofit organization.” — Ralph Gildehaus, Senior Program Director, MDC

    Tax preparation fees can take a big chunk out of your refund. Keep more of your hard-earned dollars by using a free tax-filing service available through NCFilesFree.org.

    Ralph Gildehaus, Senior Program Director, MDC

    Other benefits of using TBB-NC include options to complete the Free Application for Federal Student Aid (FAFSA) and register to vote. People can also screen for potential eligibility for work support programs, nutrition and health assistance, and complete certain veterans education benefits forms.

    MDC, a nonprofit organization based in Durham, North Carolina, sponsors TBB-NC. For more information, please visit www.NCFilesFree.org. You may find additional resources about free tax assistance services by calling 2-1-1.

    MDC Contact
    Ralph Gildehaus
    Senior Program Director, MDC
    rgildehaus@mdcinc.org 
    919.381.5834
    mdcinc.org

    Media Contact
    Veronica Kupsa
    Senior Creative Copywriter, DitraCreative Media
    veronica@ditracreative.com 
    ditracreative.com

    Source: The Benefit Bank® of North Carolina

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