There is a tax credit available that many people may not know about. The Earned Income Tax Credit is a credit that is many times overlooked. ISU Extension Family Resource Management Program Specialist Phyllis Zalenski says this credit is available to those that worked during 2011, based on earnings, marital status, and number of children.
She says anyone that made less than $49,078 last year is eligible to apply for this credit. Zalenski adds you should request this credit even if you don’t owe any taxes. She reminds everyone when going to file your taxes, to have all of your tax documents.