Posted by Amanda, MyDollarPlan.com Prisoners who have been in the system for longer than a year typically do not make much income. In fact, they may not even make enough to be required to file taxes. If you’ve thought about filing a tax return in order to take advantage of your low prison wages and the Earned Income Tax Credit (EITC), well that’s not really an option either as all income earned as a prisoner is excluded from counting towards the earned income needed in order to qualify for this refundable credit. So why would you need to file a tax return while in prison? For one, you may be receiving other forms of income from investments, income earned before you were incarcerated, filing a tax return … [Read more...]