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Tax Help for New Mexicans Conference

Take action by   Friday, February 17, 2006

In 2005, more than 500 TAX HELP New Mexico volunteers and prepare returns

for 26,338 customers in New Mexico, returning nearly 21-million in fess and interest. The average tax refund was $1600.

Other tax credits available to New Mexicans include the Earned Income Tax Credit (up to $4300), Child & Dependent Care Tax Credit (up to $2100), NM Child Day Care Credit (up to $480 per child), and NM Low Income Comprehensive Tax Rebate (up to $450).

ABOUT TVI'S TAX HELP NEW MEXICO: TVI's TAX HELP New Mexico program began 32 years ago at Albuquerque Technical Vocational Institute (TVI) as a practical means of giving accounting students work experience in tax preparation while serving a

Community need.

The free tax return preparation service prepares and files tax returns electronically for those whose annual household income is less than $38,000 or who are age 65 or older. According to recent numbers, 70 percent of New Mexicans are eligible for the program, yet only 6.5 percent take advantage of it.