Heart of Florida United Way: Hold on to your money!

The one-two punch of holiday spending and the arrival of tax season can leave a lot of people feeling stressed over their finances. Every year, taxpayers spend hundreds of dollars to have their taxes prepared. Did you know that you can have your taxes done for free at a location near you? This year, Heart of Florida United Way is pleased to continue its successful initiative, the Prosperity Campaign of Central Florida. The campaign is focused on helping Central Floridians hold on to the money that they are entitled to. One way is through promoting the Volunteer Income Tax Assistance Program (VITA).

VITA sites are locations that provide free tax preparation by IRS-trained volunteers.  Taxpayers can save hundreds of dollars in filing fees and receive 100% of their refund by filing at one of these sites. Refunds are received quickly and easily – usually within 10 days or less.

The Heart of Florida United Way works with the IRS to promote VITA sites throughout Central Florida. Finding them is easy. Simply dial 2-1-1 once filing season starts (January 20th) and ask for the location near you.

Taxpayers can also ask about the Earned Income Tax Credit (EITC). The EITC is a federal tax credit for individuals and families that earn under certain income thresholds. This year, hard-working residents may qualify for a tax credit of up to $5,751! If you qualify and have already filed your taxes, you can re-file for this year and the last three years to claim your credit. That can result in over $20,000 for families that qualify.

To see if you qualify for the EITC, click here.

To find a VITA site near you, visit our website or simply dial 2-1-1 (After January 10)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s