Prosperity Campaign

Broward County’s Prosperity Campaign is a community wide collaboration that brings together non-profit organizations, corporations, state and local government agencies and the IRS. Using innovative, multi-lingual and multi-cultural outreach tools and featuring a Mobile Unit, the Prosperity Campaign has included an Earned Income Tax Credit (EITC) reimbursement effort at dozens of free Volunteer Income Tax Assistance (VITA) sites that has brought an additional $90 million to Broward County alone since 2002.

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What is EITC?
 
The Earned Income Tax Credit (EITC) is a refundable federal income tax credit for low income working individuals and families. It was originally approved to offset the burden of social security taxes and to provide an incentive to work. The EITC reduces the amount of federal taxes owes and because it is refundable, it can result in a refund if the credits exceeds the amount of taxes owed. Eligibility – tax payers with a valid Social Security number who have earned income below a certain threshold and who have a filing status other than married filing separately.
 
Why is EITC so important to low income working families? 
National Studies show that EITC helps families overcome obstacles to work by providing much needed resources to cover immediate bills, pay for housing and transportation and other needs that impact a person’s ability to keep working.

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