Money in Your Pocket
The Money in Your Pocket (MIYP) campaign is a community collaboration of organizations led by United Way of the Capital Region that is committed to the economic stability of local families. The program aims to increase use of the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC).
Volunteers prepare computerized, electronic returns through the Internal Revenue Service’s Volunteer Tax Income Assistance (VITA) program, which is designed to provide low- to moderate-income working families with help completing federal and state returns, and obtaining credits for which they are eligible.
For tax year 2017, 238 volunteers filed 4,675 tax returns, resulting in more than $4.4 million returned to local families. The average annual income for clients receiving tax preparation services was $21,227 and the average return was $1,218.