A new tax credit from Slippery Rock Borough could lead to Americans getting worth up to $250 tax credit.
Up To $250 Slippery Rock Borough Offers New Tax Credit – Check Eligibility Now! (PHOTO: The US Sun)
Slippery Rock Borough’s New New Tax Credit
The news tax credit was originally proposed by Mayor Jondavid Longo of Slippery Rock Borough in Pennsylvania. The tax credit is worth up to $250 and aims to honor first responders in the community. The $50,000 budget surplus was funded by Slippery Rock Borough.
Here’s How To Qualify For The Slippery Rock Borough’s New New Tax Credit
To be eligible, you need to be a first responder, which includes firefighters, law enforcement, and emergency medical technicians. You must be a resident of Slippery Rock Borough. For Longo’s plan to push forward, the Slippery Rock Borough Council would need to approve it.
“I proposed $250, but perhaps the council might have another direction and want to go higher or lower,” the Mayor confirmed to The U.S. Sun. Longo added that the plan is to hold an agreement by the end of the month and for the credit to take effect in March. The council carries meetings on the first and third of every month at 7 pm.
Other Tax Information
The tax-filing season has been open for a few weeks and there are new tax credits available that you might be eligible for. This contains the Child Tax Credit, which is only worth $2,000 this year as the expanded version expired. Qualifying families must have a modified adjusted gross income of $200,000 or below to claim the full amount. This amount is for those who file as individual heads of household, and those who are married but filing separately. Moreover, for those who file jointly, that number jumps to $400,000. Low-to-moderate-income families and individuals should look at the earned income tax credit (EITC).
Eligible individuals can earn $600 this year, while families are eligible for the following amounts:
- One child, $3,955
- Two children, $6,604
- Three or more children, $7,430
Also, the Inflation Reduction Act of Solar Tax Credit took effect in August. Homeowners and renters can avail worth up to $8,000 for buying energy-efficient appliances. For 2022, households can receive a tax credit to cover 30 percent of the costs of installing rooftop solar. For more information, here are the 12 states offering payments to parents worth up to $1,000. And see if you’re one of the millions that can claim direct payments worth up to $3,600.
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