PSE&G Encourages NJ's Working Families To Apply for Special Tax Credit
24 Februar 2010 - 2:50PM
PR Newswire (US)
Many taxpayers are eligible, including foster parents,
grandparents, and even some individuals without children
Information available at PSE&G Customer Service Centers and at
local agencies NEWARK, N.J., Feb. 24 /PRNewswire-FirstCall/ --
PSE&G urges New Jersey's workforce members who are in financial
difficulty to see if they are eligible for the 2009 Earned Income
Tax Credit (EITC). The special credit reduces the amount of taxes
owed by eligible workers and sometimes provides a tax refund as
well. Many people who qualify for the credit, offered by New Jersey
and by the federal government, are unaware it exists or confused
about how to apply for it. Depending on their income, individuals
who worked in 2009 may qualify for the credit regardless of whether
they are married or have children. New parents, foster parents, and
grandparents raising grandchildren all may be eligible. Some
families, including those raising children with disabilities and
those in the military, often don't know that special rules may make
them eligible as well. Each year the EITC puts billions of dollars
into the hands of millions of lower- to middle-income workers.
Nearly 510,000 families and individuals in New Jersey received more
than $1 billion in federal EITC benefits for the 2009 tax year.
Approximately 485,000 of those received an additional $223 million
in state EITC benefits. New Jersey residents should know that those
eligible for the New Jersey EITC must file a state resident income
tax return, even if they have no tax liability to New Jersey and do
not usually file a state tax form. "An astounding number of
eligible workers miss out on the tax credit because they don't
apply," said Joe Forline, PSE&G vice president of customer
operations. "If you lost your job in 2009 or had your work hours
reduced, you might not realize that a downward change in your
income now qualifies you for the credit this year." The state of
New Jersey has launched a public awareness campaign to promote the
tax benefit and urge all eligible residents to take advantage of
the program. The New Jersey Department of Human Services-Division
of Family Development, PSE&G, the Association for Children of
New Jersey, and the Internal Revenue Service are working together
to spread the word. PSE&G has printed more than 200,000 flyers
and made them available for distribution to social service and
community based agencies. Information about the EITC is available
on the company's Web site at http://www.pseg.com/eitc and is
included in customer bill messages during the first few months of
the year. In addition, several of PSE&G's 16 Customer Service
Centers display digital EITC messages at the centers. New Jersey
individuals and families whose 2009 earnings are lower than $49,000
can get their taxes prepared free of charge. To locate a tax
preparation site near you, call the NJ Community Resource Hotline
at 211. "Outreach and tax assistance play an important role in
connecting New Jersey's low-income workers to greatly needed tax
credits," Forline said. "If we increase the number of New Jersey
families benefiting from the EITC by just 10 percent, our efforts
will have paid off." For information on the Federal EITC, call
1-800-829-1040 or visit http://www.irs.gov/. For information about
the New Jersey EITC, call 1-888-895-9179 or visit
http://www.state.nj.us/treasury/taxation. Public Service Electric
and Gas Company (PSE&G) is New Jersey's oldest and largest
regulated gas and electric delivery utility, serving nearly
three-quarters of the state's population. PSE&G is the winner
of the ReliabilityOne Award for superior electric system
reliability. PSE&G is a subsidiary of Public Service Enterprise
Group Incorporated (PSEG) (NYSE:PEG), a diversified energy company
(http://www.pseg.com/). Want to know what's new at PSEG? Go to
http://www.pseg.com/getnews and sign up to have our press releases
and weekly environmental commentaries sent right to your inbox.
DATASOURCE: Public Service Electric and Gas Company (PSE&G)
CONTACT: Media, Karen Johnson, +1-973-430-7734; or For customers
and others, +800-436-7734 Web Site: http://www.pseg.com/
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