Credit Where it's Due:
The Earned Income tax Credit in Ohio


In 2003, more than 769,000 Ohio families received the federal Earned Income Tax Credit (EITC), a refundable tax credit for workers in families that make less than $37,263. The average EITC in Ohio was $1,720, bringing more than $1.3 billion into Ohio communities. However, more than 65% of Ohioans receiving the EITC (500,000 families) went to a paid preparer and more than 60% of those families bought high-interest, refund-anticipation loans (RALs), costing Ohio families more than $100 million. This report details how an Ohio EITC credit and better regulation on loans would further help families receive their full refunds.

Press Release

Full Report

Click here to go to our main EITC page, with links to our other reports, a description of our work with the Cuyahoga Earned Income Tax Credit Coalition, and other resources.

 


 

Tax Refund Loans Cost Ohio a Bundle

Cleveland Plain Dealer, Rothstein, April 08, 06

 

A Little Off the Top

Cleveland Free Times, March 07, 06

 

Many Low-income Families Fail to Get Earned Income Tax Credit

Cleveland Plain Dealer, February 05, 06

 

Fair Use Notice

 

3/16/2006