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How Much Would You Get? A Working Families Tax Rebate Calculator

Posted by Jeff Chapman at Feb 03, 2010 10:50 AM |
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Fully funding the Working Families Tax Rebate should be part of any balanced approach to the state budget. The rebate would return a portion of the state sales tax to all Washingtonians who are eligible for the federal EITC and have lived in the state for six months.*

The online tool below allows you to calculate how much the credit would be worth based on filing status, number of children, and the amount of earned income.** For example, a married couple with two kids and $20,000 in wages would receive $429 dollars. A single parent with one child would receive $248. The minimum credit for those who are eligible is $50; the maximum is $567.

 

 

* The basic requirements for EITC eligibility are 1) a valid Social Security number, 2) residence in the United States for more than half the year, 3) less than $3,100 in investment income, 4) some earned income, 5) a U.S. citizen or resident alien, 6) between ages 25 and 65 or have a qualified dependent, 7) a filing status other than married filing separately.

** Assumes the credit is set to 10 percent of the federal EITC.

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