The poverty rates for women, like poverty rates overall, remained at historically high levels in 2012, according to U.S. Census Bureau data released in September 2013. Women’ poverty rates were once again substantially above the poverty rates for men.
Families may be eligible for thousands of dollars in federal and state tax credits. These credits can lower the income taxes that families must pay and, in some cases, give cash refunds to families whose incomes are too low to owe taxes. And for tax year 2013, state and federal tax credits are more valuable than ever. But families have to know about these credits in order to claim them on their tax returns.