More than $108 million has been refunded to Washington families through the Working Families Tax Credit (WFTC).
The WFTC (House Bill 1297) is a sales and use tax remittance rebate to support working families who pay a disproportionate amount of their income in taxes. It is designed to put up to $1,200 per year back in the pockets of nearly 400,000 taxpayers, helping to balance Washington’s upside-down tax code.
One in six Washington households is eligible for the tax credit and one in four children will directly benefit from the policy. At this time, just under 190,000 applications have been received. Individuals and families can check their eligibility here, and must meet the following requirements:
- Have a valid Social Security Number or Individual Taxpayer Identification Number.
- Lived in Washington a minimum of 183 days in 2022.
- Be at least 25 and under 65 years or age OR have a qualifying child in 2022.
- Filed a 2022 federal tax return.
- Be eligible to claim the federal Earned Income Tax Credit (EITC) on their 2022 tax return.
“The Working Families Tax Credit is a step toward economic justice for families on the margins,” said Sen. Joe Nguyen (D-White Center), who sponsored the Senate companion bill to HB 1297. “By putting money back into the pockets of those who need it most, we can reduce poverty and build a more equitable society.”