What would you do with an extra $6,000?

California Department of Corrections and Rehabilitation (CDCR) is helping families receive an extra $6,000 this tax season.

California began offering its own Earned Income Tax Credit (Cal EITC) starting with calendar year 2015 tax returns. This is a new refundable tax credit that puts money back in the pockets of California’s working families and individuals.

To receive free tax preparation assistance, visit the following link to find free tax assistance locations: CalEITC4Me.org

Cal EITC is modeled after a federal credit that also gives back money to working families. With the combined state and federal credits, the program provides up to $6,000. That’s money that can be used for rent, utilities, groceries, and other important expenses. The Maximum California refund a family can receive is $2,653. The only way to obtain the California EITC credit is to file your taxes.

The amount of the cash-back tax credit depends on individual income and family size. To qualify for at least one of the two cash-back credits, wages must be less than $54,000. The number of qualifying children supported also impacts the credit amount.

To be eligible for the Cal EITC cash-back program, you must have a W-2 and Social Security Number. Eligible income ranges from less than $6,560 with no dependents, and up to $13,870 for those with two or more dependents. If you have no dependents, you must be 25 to 65 years old.

Visit www.CalEITC4Me.org to get more information about qualifying child requirements or to use the credit calculator to find out how much cash-back tax credits are worth.

For information or assistance with CDCR, contact the Office of External Affairs
at (916) 445-4950.