Free tax site Returns Thousands!
EMERGE’s free tax site was open Saturday mornings from January 30th through April 15th. In that time, we served 155 low-income people, returning over $190,000 in returns! We expect that much of the money returned will be spent right here in North Minneapolis, which will help our local economy and businesses.
EMERGE Financial Coach Claudia Holt led the tax site volunteers this year. She told us “Our tax site is a crucial service to offer our participants. Many of them are first time filers, and many of them have paid hundreds for tax preparation in the past. We have seen that the money they save by coming to EMERGE makes a big difference in their lives.”
One participant, Maurika (pictured here), said, “My refund was $5,000. I would have spent $250 to have my taxes prepared elsewhere. Now, I will use the $5,000 to pay off my credit card. But the extra $250 will go towards my daughter’s birthday party – that $250 was huge.”
Other people shared that they would use the money towards an emergency savings fund, bills, and rent.
At EMERGE, economic empowerment is central to our work. That can mean giving someone the confidence they need to ace an interview, helping them fill out a job application, or working with them to improve their credit score. Being sure that low-income people get every dollar due to them through tax refunds is another way. Thank you to our IRS-certified tax prep volunteers, staff, and others who made this service possible!