WHAT – What is the Working Families Tax Credit (WFTC)?
The Working Families Tax Credit is a new tax refund that helps Washington workers and their families get more money back at tax time. The refund returns a portion of sales tax paid each year and is modeled after the federal Earned Income Tax Credit program. The Working Families Tax Credit is a new program that will provide payments up to $1,200 to low-to-moderate income individuals and families. The amounts are based on income level and the number of qualifying children (if any).
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