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Nc Free Tax Filing - The Earned Income Tax Credit (EITC) is the largest employee benefit of the federal government. For those who have earned an income working for themselves or running a business or farm, money has a positive impact on their lives, families and communities.

We know that four out of five taxpayers qualify for the EITC. This means that millions of taxpayers are investing EITC money in their service. But a deficit of one in five means that millions of people are not taking advantage of this precious credit. Nearly a third of those who qualify for the EITC will do so for the first time this year due to a change in marital, parental or financial status. That's why outreach through programs like this partnership with the Initiative, the Jordan Institute for Families, and the UNC School of Social Work, Foundation for Health Leadership and Innovation is so important.

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Source: EITC national participation rate of 78% (TY2016), estimated in collaboration with the Census Bureau. The TY2016 projection based on the Current Population Survey (CPS) is 78%, while the TY2016 projection based on the American Community Survey (ACS) is 78.6%.

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Sources:  internal committee on ways and means, subcommittee on supervision, downloadable debt management hearing

Determining the legitimacy of the EITC is difficult. You need to decide more than 20. The basic qualifiers are outlined here. See the EITC home page at irs.gov for more information on who is eligible for the EITC.

The IRS estimates that four out of five workers underreport their EITC earnings. We want to help potentially skilled workers who lose thousands of EITC payments every year. Our project is designed to help educate them about the tax credit and encourage them to join the four out of five who file and claim it. This includes employees who:

The "Give Your Earned Money Back" infographic was created by a community team to help raise awareness among North Carolinas statewide about the Earned Income Tax Credit as part of a research study funded by the Robert Wood Johnson Foundation. Feel free to share this infographic with members of your community. This work was completed by an interdisciplinary team that included members of the Jordan Institute for Families at the UNC School of Social Work, UNC School of Government, Initiative, Rural Forward NC, and Together Transforming Lives Inc. The survey focused on the following counties : McDowell, Rockingham, Robeson, Beaufort, Nash, Halifax and Edgecombe. This research included field interviews with 115 leaders in rural North Carolina about their experiences promoting EITC in their communities and the research team's involvement in local and community settings.

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Best Practice 1: Well-aligned, targeted and inclusive timely marketing efforts can ensure that tax preparers have relevant information when they need it and can meet the right people.

Summary: One of the most popular practices to increase EITC adoption is marketing/decision making to increase public awareness of credit. In general, automated phone call strategies and email campaigns have proven effective, but targeted online strategies have not resulted in a significant increase in leads. In addition, information about the EITC to certain groups has been shown to increase uptake. Research indicates that designing the EITC as something recipients should and their money has to say is the most effective overall design. A strategy that targets workers in specific workplaces, rather than broad EITC disclosure, results in an increase in EITC eligible workers. One of the biggest barriers to participation today is a lack of English skills. Some studies have indicated that having materials translated into Spanish increases participation among eligible Hispanics, but that is the extent of translation research.

Conclusion: Based on previous recommendations, multiple reminders or using different messaging strategies appear to be more effective in increasing ETIC adoption. Using multiple approaches simultaneously and replicating and expanding these advocacy efforts are necessary to achieve more significant growth in EITC membership. There has been a moderate increase in the number of government inquiries and non-profit organizations sending emails about the benefits of paying taxes along with offering free services. Many of these new filers are also eligible and claim EITC. The IRS email provided information about the EITC and the amount owed by the non-recipient. The results showed that not receiving EITC forms could increase mailings by 3% to all EITC recipients (reducing them to 22%).

Conclusion: Dissemination of information about the EITC through "Trusted Communication" can also increase participation. Numerous studies have confirmed the IRS as a trustworthy institution and that emails/information from them (as seen in the previous paragraph) can increase EITC reception. Storytelling and word of mouth are the most effective ways to raise awareness of the free tax consultancy services offered. Other examples include local municipalities placing memos about the EITC and its benefits on utility bills to remind residents of its existence. Other informal contacts (religious leaders and local non-profit organizations) have not proven effective.

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Best practice 4: Voluntary Income Tax Assistance (VITA) sites should recruit multilingual and community leaders as volunteer tax preparers.

Summary: The availability of free tax preparation services has been shown to increase tax return rates and EITC receipt. Supporting the Voluntary Federal Income Tax Assistance Program has proven to be a proven way to increase EITC membership. Reminding eligible recipients of their eligibility is the first step to increasing adoption. Recipients often use a free local tax preparation service to file their EITC. If not, they are unlikely to claim EITC benefits. The availability of translation services could increase the reach of the Hispanic population, a community that has been shown to be less likely to receive EITC.

Best practice 5: Consider new ways to reach new EITC residents and educate them on major benefits.

Bottom Line: Finally, intervention research looking to target newly eligible populations suggests that promoting the EITC as an “asset building” tool was most effective in increasing adoption. The "weak financial situation" among newly eligible households has made them interested in learning about ways they can boost resources, such as the EITC. Most have not recognized the EITC as an asset building tool, which further increases the number of new savers that can be reached through this method. As with other interventions with previously eligible populations, sending follow-up reminders, even just one, increased EITC revenue by 14%. Best practices for these reminders include better, clearer information and simpler design choices. NC State College of Management Accounting students provide free online tax filing assistance to individuals and families using the MyFree Taxes website.

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The service is a free, secure, and convenient way for anyone earning less than $66,000 to file their federal and state taxes online by the April 15, 2020 deadline. They are eligible to provide this assistance through the Internal Revenue Service's Volunteer Income Tax Assistance (LIFE) program.

The VITA team cannot assist with the preparation of a 1040NR (non-resident alien) return. International students and scholars can visit this NC State website or the NC State University Comptroller's Office for more information on tax return procedures or send a request for assistance by email to ictquestions@ncsu.edu.

Six support sessions are planned. They will be held on the NC State University campus on the following dates:

Registration is not required. People are asked to register upon their arrival and services are provided on a first come, first serve basis.

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Below are the documents that participants must bring when they report to the tax filing assistance session. For electronic tax filing in a joint tax return, the spouses must be present to sign the required documents.

Changes to the Tax Cuts and Jobs Act (TCJA), the far-reaching tax reform law enacted in December 2017, could mean some people get smaller refunds or have to pay more taxes, if they didn't adjust their detention after the law it was approved, Carraway said. Learn more on this IRS webpage.

Nelson Hall is located at 2801 Founders Drive in Raleigh at the corner of Hillsborough Street and Dan Allen Drive. Follow the VITA Free Tax Return Assistance sign as you enter the building.

Public parking is available in the Dan Allen Parking Deck. Parking is allocated by machine as you enter and payment is made by credit/debit card as you exit. The salary entrance is on the lower western level. Parking is free on weekends and after 5pm on weekdays.

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The College of Veterinary Medicine main building is located at 1060 William Moore Dr. Follow the VITA Free Tax Return Assistance sign as you enter the building.

Public parking is available on William Moore Dr. in front of the main building.

For assistance with ADA accommodations, contact NC State's

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