{"id":249797,"date":"2016-02-12T00:00:00","date_gmt":"2016-02-12T08:00:00","guid":{"rendered":"https:\/\/sdnews.com\/tax-relief-for-working-families-4\/"},"modified":"2016-02-12T00:00:00","modified_gmt":"2016-02-12T08:00:00","slug":"tax-relief-for-working-families-4","status":"publish","type":"post","link":"https:\/\/test.sdnews.com\/es\/tax-relief-for-working-families-4\/","title":{"rendered":"Desgravaci\u00f3n fiscal para familias trabajadoras"},"content":{"rendered":"

New state program gives extra cash to most vulnerable<\/strong><\/p>\n

Por Jeff Clemetson<\/p>\n

\u201cGood news\u201d and \u201ctax season\u201d are phrases that are rarely seen together, but a new statewide program really is good news for low-income workers this tax season.<\/p>\n

The California Earned Income Tax Credit (CalEITC) initiative is a cash-back tax credit that is new this year. The program was designed to complement the impact of the federal EITC by giving an additional check to the most vulnerable low-income workers.<\/p>\n

\"This<\/a>
This chart helps you determine if you qualify for the California Earned Income Tax Credit. (Courtesy of CalEITC4Me Campaign)
[Click to enlarge.]<\/figcaption><\/figure>\u201cAdding the new California EITC is a tremendous opportunity for hard-working Californians to keep more of the money that they earn and help them to take care of their families,\u201d Assembly Speaker Toni Atkins said in a statement. Atkins was instrumental in getting the CalEITC added to the 2015-16 budget.<\/p>\n

To qualify for CalEITC funds, you must be an individual with zero dependents who earned less than $6,850 last year; or a household with one dependent who earned less than $9,880; or a household with two or more dependents who earned less than $13,870.<\/p>\n

Also, all filers must be over the age of 25 to qualify, unless they have dependents. The maximum refund a family can receive is $2,653 but the average refund will be around $900.<\/p>\n

Families that are eligible for CalEITC are also eligible for federal EITC benefits, which have a higher income threshold to qualify. Individuals with zero dependents that earned less than $14,820 and households with three or more children that earned less than $53,267 qualify for federal EITC money.<\/p>\n

Many of California\u2019s working families are eligible for both state and federal EITC benefits.\u00a0However, being eligible doesn\u2019t mean a person will automatically receive a check. Workers must file their tax returns to collect \u2013\u2013\u00a0and that doesn\u2019t always happen.<\/p>\n

According to studies by the Tax Policy Center and IRS, eligible workers with no children are less likely to file for EITC money than those with children.<\/p>\n

\u201cThis could reflect the fact that these workers are eligible for relatively small credits,\u201d said Alissa Anderson, senior policy analyst at the California Budget & Policy Center. \u201cParticipation rates are also thought to be lower among workers who are eligible for smaller credits just in general, regardless of how many qualifying dependents they have; which again suggests that some people may not think it\u2019s worth it to file taxes and claim the credit if they are eligible for only a small credit.\u201d<\/p>\n

Studies also show that people with incomes so low that they aren\u2019t required to file a tax return also do not participate in EITC programs.<\/p>\n

\u201cIt could be that non-filers are not aware that they can receive a refund even if they don\u2019t owe personal income taxes or they may not think it\u2019s worth the time and effort to file, particularly if they are eligible for only a small credit,\u201d Anderson said.<\/p>\n

Historically, California is ranked among the lowest in filing for the federal EITC, leaving $1.8 billion on the table that otherwise would have been available to those who need it the most. Now with nearly $400 million available through the CalEITC, an estimated $2.3 billion is available for Californians between both the state and federal programs.<\/p>\n

A joint public and private information campaign called CalEITC4Me is underway \u201cto keep these much-needed dollars with the people who earned them,\u201d according to a statement released by the campaign. CalEITC4Me estimates that between the federal and state EITC refunds, it is possible for some households to receive up to $6,000 this year. To get an estimate of your potential earned credit, use the CalEITC4Me calculator at caleitc4me.com\/get-it\/.<\/p>\n

\u201cThis tax season, nearly $600 million is available between the state and federal EITCs for San Diego\u2019s working families,\u201d Assemblymember Shirley Weber said in a statement.\u00a0\u201cThat\u2019s an estimated 50,000 filers who are eligible for CalEITC in San Diego County, benefiting up to 120,000 people.\u201d<\/p>\n

The majority of those who are eligible are \u201cpart-time, working single mothers,\u201d said Holly Martinez, a spokesperson for CalEITC4Me campaign.<\/p>\n

The campaign also researched other demographics of potential candidates for CalEITC help. Of households with incomes under $15,000 in targeted zip codes, 39 percent are Latino; 17 percent are African-American; and 11 percent are Asian. Only 16 percent of households are married and 48 percent are single without children; 35 percent have at least one child. Fifty-eight percent of people who make less than $15,000 are women. Ninety-one percent worked less than full-time. One in six moved in the last year and more than three-quarters are renters.<\/p>\n

Nearby neighborhoods have thousands of filers that are eligible for the state credit and tens of thousands eligible for the federal. Broken down by ZIP code, the estimated number of filers eligible for state and federal credits look like this according to research done by the CalEITC4Me<\/span> Campaign:<\/p>\n

92103<\/strong> \u2013 300 to 399 for CalEITC; 1,343 (8 percent) for federal<\/p>\n

92104<\/strong> \u2013 800 to 899 for CalEITC; 3,719 (17 percent) for federal<\/p>\n

92105<\/strong> \u2013 more than 2,000 for CalEITC; 9,792 (38 percent) for federal<\/p>\n

92115<\/strong> \u2013 1,200 to 1,499 for CalEITC; 5,516 (25 percent) for federal<\/p>\n

92116<\/strong> \u2013 500 to 599 for CalEITC; 2,277 (14 percent) for federal<\/p>\n

For a more detailed examination of where potential EITC filers live, visit the CalEITC4Me<\/span> Campaign\u2019s heat map at caleitc4me.org\/caleitc-heatmap<\/a>.<\/p>\n

For low- to moderate-income individuals or families who cannot prepare their own tax returns, the Volunteer Income Tax Assistance (VITA) program offers free tax help from qualified tax professionals.<\/p>\n

\u201cSixty percent of Californians who were eligible for free tax assistance ended up paying to file their taxes at an average of cost of $200,\u201d Martinez said. \u201cThat\u2019s money families could have for food, transportation and other every day needs.\u201d<\/p>\n

According to the IRS, VITA generally helps people who make less than $53,000 annually, people with disabilities, the elderly, and people with limited English. All volunteers are IRS-certified and provide basic income tax preparation and help with electronic filing.<\/p>\n

Other requirements for VITA eligibility are:<\/p>\n