It’s tax season again and families are thinking about how to save money in these tough times.
Vermonters who made under $52,427 in 2014 may qualify for the Earned Income Tax Credit (EITC), designed to boost the income of working families and worth up to $6,143 as a tax credit or refund. Income guidelines are based on tax filing status and number of dependent children in the home.
Families with dependent children who receive the Vermont EITC are automatically income eligible for 3SquaresVT food benefits. With the connection to 3SquaresVT, families not only save money on their taxes, but also put more nutritious food on the table.
The amount of food money a family gets each month also depends on expenses, with the average monthly 3SquaresVT benefit now over $200. An added bonus is that children who get 3SquaresVT also qualify for free school meals, saving a family even more throughout the year.
Dial 2-1-1 from anywhere in Vermont for information about free tax help services. Vermonters can make an appointment with a certified tax preparer who will help you claim EITC if you qualify.
For more information about the connection to 3SquaresVT and school meals, please call the Vermont Foodbank at 855-855-6181. Vermont Foodbank staff are available to assist you in completing the 3SquaresVT application.