Michiganders Encouraged to Explore Eligibility for Important Tax Credit




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*FOR IMMEDIATE RELEASE
**January 31, 2025*

*Contact: Ron Leix <[email protected]>, Treasury, 517-335-2167*

Treasury: Michigan Earned Income Tax Credit for Working Families Lowers Tax Bill or Provides Refund [ [link removed] ]

" Michiganders Encouraged to Explore
Eligibility for Important Tax Credit"

LANSING, Mich. – Working families and individuals with low to moderate income may be able to receive Michigan’s Earned Income Tax Credit (EITC), according to the Michigan Department of Treasury.

The Michigan Earned Income Tax Credit for Working Families is a benefit for working families with income below a certain level. This credit can lead to increased refunds on taxes already paid or a refund if you do not owe tax.

“Michiganders should explore if they are eligible for the Earned Income Tax Credit,” State Treasurer Rachael Eubanks said. “The extra income this tax credit provides can be really helpful to working families, especially for paying bills or putting food on the table. Please don’t hesitate to seek out assistance so you can claim it on both your federal and state individual income tax returns.”

To qualify, individuals must meet certain requirements [ [link removed] ] and file a federal income tax return, even if no tax is owed or there is no requirement to file a return. If you are eligible and claim the federal EITC, the state of Michigan offers up to 30% of the federal credit when the taxpayer files their state income tax return.

The amount of the federal EITC depends on income, filing status and number of qualifying children claimed as dependents [ [link removed] ] on the taxpayer’s federal income tax return.

Last tax year, more than 653,000 recipients received the Michigan EITC with an average credit of $836.

To inform and educate taxpayers about the federal and state EITCs, Earned Income Tax Awareness Day [ [link removed] ] is on Friday, Jan. 31.

*How to File*

Choosing electronic filing and direct deposit is convenient, safe and secure. Last year, of the approximately 5 million returns received by Treasury, Michigan taxpayers e-filed more than 91% of those returns.

For more information about e-filing, go to www.mifastfile.org [ [link removed] ].

Individuals with low to moderate income, disabilities or are 60 years of age or older may qualify for free tax preparation help from IRS-certified volunteers [ [link removed] ]. For information about free tax help, go to irs.treasury.gov/freetaxprep [ [link removed] ] or dial 2-1-1.

Additional free tax help can be found at www.michiganfreetaxhelp.org [ [link removed] ].

*For More Information*

To learn more about Michigan's individual income tax, go to www.michigan.gov/incometax [ [link removed] ] or follow Treasury on X [ [link removed] ], or on LinkedIn [ [link removed] ].

To learn more about the EITC, go to www.irs.gov/eitc [ [link removed] ].

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This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Michigan Department of Treasury · Lansing, MI 48922 · 517-335-7508
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