What You Should Know: How a Cash Gift Can Affect Your Public Benefits
This letter explains the impact of receiving funds from the Build HOPE Project or the Next Step Fund on different public benefits programs. Maine Equal Justice is a 501(c)(3) non-profit
organization, and the funds from the Build HOPE Project or the Next Step Fund are considered a gift for tax purposes.
Some programs might also call these funds a lump sum payment or non-recurring or one-time lump sum. They may treat these funds differently because it is a one-time payment and not a
recurring payment.We’re going to refer to these funds as lump sums and cash gifts below. If you have questions about any of these programs, please contact Maine Equal Justice.
The evidence from nearly two decades of rigorous studies does not support the argument that work requirements have a meaningful effect on increased employment or wages.
Aunque nunca antes haya presentado una declaración de impuestos, el Crédito tributario por hijos de 2021 vale hasta $3,600 por cada hijo. Es un cambio muy importante. ¡El Gobierno Federal ayuda mucho más a las familias que tienen hijos!
Maine Equal Justice focuses its work on many of the issues that affect people’s daily lives – access to adequate health care, housing, transportation and childcare; food and income security; and higher education and training. Maine Equal Justice is a 501 c 3 nonprofit organization. Our EIN is 04-3346273.
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126 Sewall Street, Augusta ME 04330 (Map) • Toll-free: 1-866-626-7059 • FAX: 207-621-8148