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FOR IMMEDIATE RELEASE
January 29, 2010
Contact: Dean DeBuck
Office of the Comptroller of the Currency Supports Earned Income Tax Credit Awareness Day, January 29, 2010
WASHINGTON — Comptroller of the Currency John C. Dugan today issued the following statement recognizing Earned Income Tax Credit (EITC) Awareness Day.
The OCC provides resources on the EITC at its Web site at www.occ.gov. These resources include the “Leveraging Earned Income Tax Credits to Reach New Bank Customers” Fact Sheet and a publication entitled “Reaching New Bank Customers Through the Earned Income Tax Credit.” Also, the OCC’s District Community Affairs Officers are available nationwide to provide information about these and other initiatives to national banks interested in promoting the EITC in their communities.
Created in 1975, the EITC is the federal government’s largest program for benefiting working families. It is a refundable tax credit for people who work, but do not earn high incomes. More than 23.7 million taxpayers received about $49 billion in EITC on their 2008 federal income tax returns.
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