Facts at a Glance

State of New Hampshire
EITC FACTS AND FIGURES 2007

Individuals and families earning EITC   61,815
         
EITC dollars received
by State of New Hampshire residents   $95.4 million

Average EITC for State of New
Hampshire Residents   $1,544

Wage earners making less than $34,178   322,983

Potential additional eligible State of
New Hampshire residents   8,887

Potential Earned Income Credit dollars
for State of  New Hampshire residents   $13,228,259

Volunteer prepared returns   6,522

25% of those who received the Earned Income Tax Credit used Refund Anticipation Loans or RALS.

 

(Information based on Tax Year 2003/2004 IRS/SPEC Return Information Database estimates) Studies suggest 15 to 25% of Earned Income Tax Credit funds go unclaimed each year