Insight News

Mar 02nd

Hennepin residents claim tax benefit

E-mail Print PDF
An initiative to promote the earned-income tax credit to county residents is helping more families claim the benefit, according to a recent report provided to the county board.

In 2003 the Hennepin County Board realized that many low-income working families were not taking advantage of a tax credit designed especially for them.  County staff were directed to ensure better use of this program among eligible residents.

The effort has paid off, with a gain of approximately $190 million over the first seven years of the initiative resulting in total tax credit payments to low-income working families in Hennepin County of approximately $650 million over this period.

Earned Income Credit Tax returns in Hennepin increased 10 percent between 2008 and 2009 alone -- from 61,827 to 68,170 returns. Dollar amounts of credits received by Hennepin residents increased from $112 million in 2008 to $130 million in 2009. The average tax credit is about $2,200. 

Recent Comments

Powered by Disqus

Facebook Twitter RSS Image Map

Latest show

  • February 24, 2015
    Crystal McCrary, director of the film 'Little Ballers'. Carmen Robles, associate editor for Afrodescendientes in Insight News. Mohamud Noor, interim director of the Confederation of Somali Community in Minnesota.

Business & Community Service Network