KeyBank Offers Free Tax Preparation Services at Nine Super Refund Saturday Events on February 4

CLEVELAND, Feb. 1, 2017 /PRNewswire/ -- KeyBank will host its annual Super Refund Saturday event on February 4, 2017, partnering with community organizations to provide free tax season and post-tax season support. For twelve years, KeyBank employees have worked alongside volunteers from community organizations to provide free tax preparation services to those who need it most, helping low- to moderate-income individuals and families determine their eligibility for the Earned Income Tax Credit (EITC) and get more money back.

"We come to work at KeyBank every day looking for ways to make meaningful and positive change in the communities we serve. And we succeed when we balance mission and margin," said Bruce Murphy, KeyCorp's Head of Corporate Responsibility. "Super Refund Saturday is this vision realized. We are proud to offer our expertise and help ensure all of our neighbors understand and take advantage of the tax credits to which they are entitled."

The EITC is a refundable tax credit for low- to moderate-income individuals and families with eligible children who do not earn enough to file a tax return. Since its inception in 1975, it has been deployed as a top anti-poverty tool; in fact, per the IRS, 26 million people have received close to $65.6 billion in EITC credits in 2016.

According to the IRS, to qualify for the EITC earned income must be less than:

• $47,955 ($53,505 if married filing jointly) with three or more qualifying children
• $44,648 ($50,198 if married filing jointly) with two or more qualifying children
• $39,296 ($44,846 if married filing jointly) with one or more qualifying child
• $14,880 ($20,430 if married filing jointly) with no qualifying children

According to the IRS, the maximum Earned Income Tax Credit a tax filer can receive is:

• $6,269 with three or more qualifying children
• $5,572 with two qualifying children
• $3,373 with one qualifying child
• $506 with no qualifying children

If participating in Super Refund Saturday, income tax return filers should bring these documents:

• Valid photo ID
• Social Security card for themselves and each dependent
• W-2 Forms (reporting full-time wages)
• Previous year's tax return
• 1099 Forms (reporting part-time work and interest income), if applicable
• Unemployment forms, if applicable
• Proof of childcare payments
• Other IRS forms, as appropriate
• Bank account information and bank routing number

In 2016, KeyBank assisted over 1,020 individuals and facilitated over $2.08 million in tax returns for low-to-moderate income families and individuals. This year, KeyBank will partner with community organizations in nine metro areas to hold Super Refund Saturday events on February 4. Below is information on these events, including location and times along with contact information for the local community partner. Note that in some instances, pre-registration is required.

• Akron, OH
  • Partner:  Akron Summit Community Action Agency, Inc.
  • Location:  670 West Exchange Street Akron Ohio 44302
  • Time:  9 a.m. – 3:00 p.m.
  • More Information:  330-572-8277
    
    
• Ann Arbor, MI
  • Partner:  United Way Washtenaw
  • Location:  2305 Platt Road, Ann Arbor, MI  48014
  • Time:  8:30 a.m. – 5:00 p.m.
  • Pre-Registration Required:  734-971-8200
    
    
• Cleveland, OH:
  • Partner:  Cleveland Housing Network
  • Location:  St. Ignatius High School, 1911 W. 30th Street, Cleveland, OH 44113
  • Time:  9:00 a.m.-3:00 p.m.
  • Pre-Registration Recommended:  216-436-2000
    
    
• Dayton, OH
  • Partner:  City of Dayton
  • Location:  Montgomery County Job Center, 1111 S. Edwin C. Moses Boulevard, Dayton OH 45417
  • Time:  9:00 a.m.-3:00 p.m.
  • Pre-Registration Recommended:  937-913-2000
    
    
• Denver, CO
  • Partner:  Denver Asset Building Coalition
  • Location:  360 Acoma Street, Denver, CO 80223
  • Time:  9:00 a.m.-4:00 p.m.
  • More Information:  303-388-7030
    
    
• Indianapolis, IN
  • Partner:  John H Boner Community Center
  • Location:  2236 E. 10th Street, Indianapolis, IN 46201
  • Time:  9:00 a.m.-3:00 p.m.
  • More information:  317-633-8210
    
    
• South Bend, IN
  • Partner:  United Way  of St. Joseph County
  • Location:  Indiana University, 1800 Mishawaka Avenue, South Bend, IN 46625
  • Time:  9:00 a.m.-4:00 p.m.
  • Pre-Registration Required:  call 211
    
    
• Tacoma, WA:
  • Partner:  Goodwill of the Olympics and Rainier Region
  • Location:  714 S 27th Street, Tacoma, WA 98409
  • Time:  9:00 a.m.-3:00 p.m.
  • Pre-Registration Recommended:  253-573-6636
    
    
• Toledo, OH
  • Partner:  United Way of Greater Toledo
  • Location:  424 Jackson Street, Toledo Ohio   43604
  • Time:  9:00 a.m.-3:00 p.m.
  • Pre-Registration Required:  call 211
    
    

Additionally, KeyBank will provide tax preparation support throughout tax season in partnership with local organizations in the in the following communities: Buffalo, NY; Syracuse, NY; Portland, ME; Albany, NY; Poughkeepsie, NY; Portland, OH; Seattle, OR; Columbus, OH; and Cincinnati, OH.

About KeyCorp   
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies with assets of approximately $136.5 billion at December 31, 2016. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association and First Niagara Bank, National Association, through a network of more than 1,200 branches and more than 1,500 ATMs.  Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

SOURCE KeyBank

Related Links

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