E. Impact on Low-Income Taxpayers and EITC Recipients

E. Impact on Low-Income Taxpayers and EITC Recipients RALs are mostly marketed to low-income taxpayers. Based on IRS information, 92% of taxpayers whom sent applications for a RAL this year had been low-income. 31 Research through the Urban Institute unearthed that the median modified revenues of RAL borrowers is under $20,000, and therefore one out … Continued