On February 2, the United Way of Greater Atlanta (UWGA) will be celebrating the 16th annual Earned Income Tax Credit (EITC) Awareness Day, which is a national effort to increase awareness about the EITC and other refundable credits. The IRS recognizes this date on Friday, January 28, 2022.
This year, UWGA will be increasing eligibility awareness of refundable credits that many missed claiming or not aware of. This virtual event will feature a variety of speakers discussing the following: the Child Tax Credit and the refundable part, the Additional Child Tax Credit, the Credit for Other Dependents (CTC/ACTC/ODC), and the American Opportunity Tax Credit (AOTC).
Event speakers include Atlanta Mayor Andre Dickens, United Way of Greater Atlanta President and CEO Milton J. Little, Kenneth C. Corbin and Tracey Walker Carter from the IRS, Congressman Hank Johnson, Fulton County Commissioner Natalie Hall.
About the Earned Income Tax Credit (EITC)
The Earned Income Tax Credit (EITC) is a tax credit for low and moderate-income wage earners. For the 2021 tax year, the earned income credit ranges from $543 to $6,728 depending on tax-filing status and number of children. Learn how much you can receive using the EITC Assistant. We will be hearing from Mayor Andre Dickens, Milton J. Little, the President and CEO of United Way of Greater Atlanta, Kenneth C. Corbin from the IRS and many more.
In 2020, 22 million workers received about $57 billion in EITC refunds. The IRS estimates only four out of five workers claim the EITC they earned. This leaves billions of dollars on the table each year.
About the Child Tax Credit
Under the American Rescue Plan, eligible families have received more than 200 million payments totaling more than $93 billion. Most eligible families received advanced payments from July 15 – December 15, 2021. Learn more about how the credits are providing economic relief to Greater Atlanta families.