Hoosiers missing out on thousands of dollars in tax refunds

(Photo Supplied/Indiana News Service)

INDIANAPOLIS, Ind. (WOWO): Not many want to be reminded, but tax day is coming.

Those who are getting money back from Uncle Sam this year are probably already getting their papers in order to file so they can get their refunds as early as possible, but the Indiana Association of United Ways says many are leaving money on the table.

The group’s Lucinda Nord says volunteers are trying to educate everyone about the Earned Income Tax Credit, which helps lower-wage working families keep more of what they earn.

“People can make up to about $50,000 a year depending on their family size and their situation,” Nord says, “And what we know about the E-I-T-C is that about one in five who are eligible don’t claim it.”

Volunteers have completed approximately 40,000 tax returns and helped return millions of the $1.3-billion returned to 558,000 Hoosiers and local communities.

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