Money in Your Pocket
The Money in Your Pocket (MIYP) campaign is a community collaboration of organizations lead 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 2016, 230 volunteers filed 4,389 tax returns, resulting in more than $4.7 million returned to local families. The average annual income for clients receiving tax preparation services was $21,000 and the average return was $1,379.