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DOR reports rising participation for Working Families Tax Credit in second year of administration

2112194 · January 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Department of Revenue reported a 22 percent increase in refunds and faster processing for Washington’s Working Families Tax Credit in its second year, highlighted outreach grants, new prepaid debit card options and plans to integrate with IRS Direct File and TurboTax.

The Department of Revenue (DOR) briefed the House Finance Committee on Jan. 14 on year‑two administration of the Working Families Tax Credit (WFTC), a refundable tax credit for low‑ and moderate‑income households enacted in 2021.

Steve Ewing, legislative and external affairs liaison for DOR, said DOR estimates about 350,000 eligible households statewide based on IRS and other data. The credit…

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