fbpx

Over 50% of all households paid NO federal tax for 2009

Over 50% of all US households paid NO federal tax for the tax period of 2009.  Even more impressive than that is that almost 30% of all households got a check back for MORE than all of their income taxes they paid in.  This is due to the refundable credits such as Earned Income Tax Credit and The First Time Home Buyer Tax Credit.  Some explain these dramatic figures are due to the recession hitting in 2009 and increasing the amount of low income individuals filing tax return for that period, but the figure is still staggering!


Posted: July 27, 2011

Want more info? We will contact you back within 1 business day.





Leave a Reply

Your email address will not be published.

  • Federal Direct provides back office support to free your business up to GROW!


  • Ready to offer tax services to undocumented aliens? We have the training and support to make it happen!



  • Be your clients’ hero! Our in-house Sure & Secure IRS Audit coverage makes you a true Problem Solver!


  • Federal Direct knows the focus and dedication it takes to grow your tax business!


Want more info? We will contact you back within 1 business day