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The San Francisco WFC tax credit will give up to $ 500 to help low-income families

Low-income San Francisco families will benefit from the local tax credit.

Photo: JOHN G. MABANGLO / EFE

To the Mayor of San Francisco, California, London Breed announced Wednesday that the city and the San Francisco Human Services Agency committed $ 1.9 million to give a financial aid of $ 500 to the city’s low-income families through a local tax credit.

According to the mayor of the city of the bay area, the San Francisco Working Family Credit (WFC) may benefit up to $ 500 to certain low-income families to send your tax return before April 15th.

The 2021 San Francisco Working Family Credit will give low- and moderate-income families with at least one child a credit of up to $ 250 to cover utilities, rent, food or child care.”, Said the mayor’s office in a release shared on Wednesday. But in addition to being able to apply this year, at least 4,000 households that received the WFC last year, this year will receive an extra payment of another $ 250 dollars for a total of $ 500 in benefits.

San Francisco Working Family Credit (WFC) Benefits.San Francisco Working Family Credit (WFC) Benefits.
San Francisco Working Family Credit (WFC) Benefits. / Courtesy.

The WFC, combined with the Cal EITC and the federal EITC, could give a refund of up to $ 9,937 to families with three children or more.

The City of San Francisco created the Working Family Credit (WFC) in 2005 and is one of the few cities in the United States in offering a local tax credit.

The mayor’s office also assured that this year undocumented people who file with an ITIN number will be able to benefit from the local WFC credit as well as the state Cal EITC credit that could return thousands of dollars in refunds.

In summary to qualify you must:

– Living in San Francisco
– Declare your 2020 income before April 15, 2021
– To have at least one dependent child on your tax return
– Claim the Cal EITC state tax credit if you file an ITIN number and earn less than $ 30,000 annually
– Or claim the federal EITC tax credit if you have a Social Security number and earned less than $ 56,844 in 2020

The payment would be in addition to the $ 600 USD announced by Governor Gavin Newsom recently.

If you need help filing your taxes and the assistance of a specialist to take advantage of available tax credits, visit one of these San Francisco city centers that offer free services if you generated less than $ 66.00.

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