Tax Program Pumps Millions back into Local Economy
Forty-seven volunteers completed and filed income tax returns for 3,441 families this year though the Volunteer Income Tax Assistance (VITA) program at the Tulsa Area United Way.
The free service is offered to families with incomes below $54,000 a year at several locations across the Tulsa area.
All volunteer tax preparers, who include retirees and working professionals, complete IRS training and certification.
“One of our major goals is to help more families take advantage of all available tax credits, including the Earned Income Tax Credit and Child Tax Credit,” said Furzanna Iqbal, program coordinator.
This year, federal tax refunds in the amount of $3,092,319 were pumped back into the local economy, Iqbal said.
In addition, local families qualified for $1,251,753 in Earned Income Tax Credits, she added.
A total of 2,622 volunteer hours valued at $58,156 were recorded this year.
Although the traditional tax season and IRS deadline have passed, the VITA program is still preparing returns for those filing amended returns or who have prior year’s taxes to file, she said.
Those needing assistance can visit the VITA tax site at the East Christian Church at 1438 S. Indianapolis Ave. The site is open from 9 a.m. to 1 p.m. on Tuesdays through Sept. 25. For more information call 918-295-6630.