This tax season, there are special rules for homeless and foster youth that were achieved through the American Rescue Plan Act.
Qualifying youth experiencing homelessness and youth from foster care who are at least 18 years old are eligible for a $1,502 tax refund through the Earned Income Tax Credit (EITC), even if they are full-time students. This is a departure from previous tax years, and of special importance to vulnerable youth who are still in high school or pursuing higher education.
This is currently a credit that is only being offered this year. Please ensure students are aware of this and offer support where needed before the tax filing deadline.