The Capital Area Asset Builders have launched the 2024 DC EITC campaign, a citywide, cross-sector initiative that promotes economic security and asset building for moderate-income individuals and families.
The campaign aims to provide access to information on the federal and DC Earned Income Tax Credit, free tax preparation services, and financial capacity building throughout D.C.
“The EITC is one of the most effective policy tools for lifting Americans out of poverty,” said Joseph Leitmann-Santa Cruz, CAAB’s CEO and executive director. “It is our objective that all eligible D.C. residents are aware of the federal and DC EITC and claim it. The EITC can make a real difference to low- and moderate-income Washingtonians. Those D.C. residents who qualify for and receive the federal EITC should also claim the DC EITC which at 70% of the federal tax credit is the nation’s most robust state EITC.”
In 2023, over 43,000 low- to moderate-income working D.C. residents received over $180 million in the EITC at the federal and city levels. Through CAAB’s #DCEITC Campaign District residents in all eight wards will have access to information on what the EITC is, how to claim it, and where to file federal and D.C. taxes for free.