WASHINGTON, D.C. – Approximately 210,000 Southern Tier residents are eligible for the Making Work Pay Tax Credit, as part of the American Recovery and Reinvestments Act (ARRA), which cut taxes for nearly 93 percent of New Yorkers, according to U.S. Senator Kirsten Gillibrand.
“New Yorkers pay some of the highest taxes in the nation,” said Gillibrand during a recent conference call. “After nearly a decade of tax giveaways to big corporations and the wealthiest Americans at the expense of small businesses and everyday New Yorkers, middle class families deserve a break of our own.”
According to Gillibrand, the $400 Making Work Pay Tax Credit was automatically included for the majority of workers targeted, ensuring that the tax cut was received immediately, but added that those who did not benefit from a deduction in their withholding, or have lost their job prior to receiving the full value of the credit, should be sure to claim it on their returns.