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KeyBank Annual Super Refund Saturday Helping Eligible Families and Individuals File for the Earned Income Tax Credit

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KeyBank is launching its annual Super Refund Saturday events on February 4, 2023, across several states to provide free tax preparation services for low- to moderate-income individuals and families. The initiative helps clients determine eligibility for the Earned Income Tax Credit (EITC), a financial benefit for qualifying workers. Many eligible filers fail to claim the EITC, leading to billions in unclaimed refunds. KeyBank will collaborate with local organizations to host events in cities like Cleveland, Dayton, and Indianapolis, among others, throughout February. Participants should bring necessary documents for successful filing.

Positive
  • Free tax preparation services supporting low- to moderate-income families.
  • Collaboration with local organizations enhances community engagement.
  • Increased awareness for EITC could lead to millions in refunds being claimed.
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  • None.

NORTHAMPTON, MA / ACCESSWIRE / February 2, 2023 / Starting Saturday February 4th, 2023, KeyBank is partnering with local agencies and organizations across several states to host its annual Super Refund Saturday events. In many communities, KeyBank employees will work alongside volunteers from various organizations to provide free tax preparation services to those who need it most, helping low- to moderate-income individuals and families determine their eligibility for the Earned Income Tax Credit (EITC).

The Earned Income Tax Credit is a benefit for working people with low to moderate income. To qualify, workers and families must meet certain requirements and file a tax return, even if they do not owe any tax or are not required to file. EITC reduces the amount of tax owed and may provide a refund. (Source: IRS)

Each year, thousands of qualifying Americans do not claim the EITC on their federal income tax returns, meaning billions of dollars in much-needed refunds goes unclaimed. Super Refund Saturday is a cost-effective way for tax filers to navigate the potentially confusing tax preparation process and ensure they are getting their full return.

According to the IRS, to qualify for the EITC earned income must be less than:

  • $53,057 ($59,187 if married and filing jointly) with three or more qualifying children
  • $49,399 ($55,529 if married and filing jointly) with two or more qualifying children
  • $43,492 ($49,622 if married and filing jointly) with one or more qualifying children
  • $16,480 ($22,610 if married and filing jointly) with no qualifying children

KeyBank will be hosting Super Refund Saturday events in several markets starting on February 4. All tax filers are welcome to attend and do not need to be a KeyBank client. Events include the following markets:

February 4:

Cleveland, OH: St. Ignatius High School, 1911 West 30th Street, Cleveland; 9:00 a.m. to 3:30 p.m.; in partnership with CHN Housing Partners

Dayton, OH: The Job Center, 1133 S. Edwin C. Moses Blvd., Dayton; 9:00 a.m. to 3:00 p.m.; in partnership with the Dayton EITC Coalition

Indianapolis, IN: In partnership with the John Boner Neighborhood Center, 2236 E. 10th St., Indianapolis; 9:00 a.m. to 3:00 p.m.

South Bend, IN: Indiana University South Bend 1700 Mishawaka Avenue South Bend, IN; 9:00 a.m. to 3:00 p.m.; in partnership with Goodwill Industries.

Aurora, CO: Montview Elementary School, 2055 North Moline Street, Aurora CO; 9:00 a.m. to 2:00 p.m.; in partnership with Tax Help Colorado

Tacoma, WA: Goodwill Milgard Work Opportunity Center, 714 So. 27th Street, Tacoma, WA; 9:00 a.m. to 4:00 p.m.; in partnership with the Goodwill of the Olympics and Rainier Region

February 11:

Shoreline, WA: Hopelink,17837 Aurora North, Shoreline, WA; 8:30 a.m. to 4:00 p.m.; in partnership with the United Way of King County

February 25:

Columbus, OH: Nationwide Children's Hospital - Education Center, 575 S. 18th St., Columbus; 9:00 a.m. to 5:00 p.m.; in partnership with United Way of Central Ohio Tax Time and Nationwide Children's Hospital

New Haven, CT: West Haven Community House, 227 Elm St, West Haven, CT; in partnership with the CT Association of Human Services (CAHS)

***

If participating in Super Refund Saturday, income tax return filers should bring these documents:

  • State-issued photo ID
  • Social Security card (for you, your spouse, and each child and/or dependent)
  • W-2 forms
  • 1099 forms (interest, earnings as an independent contractor)
  • Unemployment forms (if applicable)
  • Proof of childcare payments
  • Other IRS forms as appropriate
  • Last year's tax return (if available)
  • Bank account and routing number for direct deposit (if applicable)

If filing jointly, please bring all applicable documents for you and your spouse.

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KeyBank, Thursday, February 2, 2023, Press release picture

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Contact Info:
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Email: info@3blmedia.com

SOURCE: KeyBank



View source version on accesswire.com:
https://www.accesswire.com/737859/KeyBank-Annual-Super-Refund-Saturday-Helping-Eligible-Families-and-Individuals-File-for-the-Earned-Income-Tax-Credit

FAQ

What is KeyBank's Super Refund Saturday?

Super Refund Saturday is an annual event where KeyBank provides free tax preparation services to low- to moderate-income individuals to help them claim the Earned Income Tax Credit.

When is Super Refund Saturday 2023?

Super Refund Saturday events start on February 4, 2023.

Where will KeyBank host Super Refund Saturday events?

KeyBank will host events in multiple cities, including Cleveland, Dayton, and Indianapolis.

What documents do I need for Super Refund Saturday?

Participants should bring a state-issued photo ID, Social Security cards, W-2 and 1099 forms, unemployment forms if applicable, proof of childcare payments, and last year's tax return if available.

How can I qualify for the Earned Income Tax Credit?

To qualify for the EITC, your earned income must be below certain thresholds, depending on your filing status and number of qualifying children.

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