New Yorkers encouraged to ‘Free File’ their taxes
ALBANY, N.Y. (WHEC) – If you meet the income eligibility, you may be able to save on filing your taxes in New York.
The software is available for families with a combined 2021 household income of $73,000 or less. Last year almost a quarter-of-a-million New Yorkers used the system saving more than $50 million in tax preparation fees, according to the state tax department.
The state is also encouraging taxpayers to check their eligibility for Earned Income Tax Credits which are worth up to $9,083 for a family with three or more children
EITC is a refundable credit for working taxpayers who earn less than $57,414. This means you get a refund even if the credit amount is more than what you owe in taxes.