General Material
Published Date
September, 2012
Many low-income individuals and families who are eligible for AFI-funded IDA projects are also eligible to receive benefits from Federal refundable tax credits. These include the Federal Earned Income Tax Credit, Child Tax Credit, American Opportunity Credit, and the Making Work Pay Credit.
This update provides tips for AFI grantees on the effect of these credits on eligibility for participating in an AFI-funded IDA project and depositing the credits as IDA savings.
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