They are really going after those who file for this credit and do not qualify. Make sure you really are eligable. Start by reading this IRS tax tip.
Feb 12
Posted by Bruce Mc in Credits, Exemptions, Filling Status, Form 1040 Information, Information | No Comments
They are really going after those who file for this credit and do not qualify. Make sure you really are eligable. Start by reading this IRS tax tip.
Click to continue reading “Do You Qualify for the EIC”
Tags: earned income tax credit, EIC, EITC, eligible taxpayers, Filing Status, schedule eic, tax tip
Feb 8
Posted by Bruce Mc in Exemptions, Filling Status, Information, Tax Preparation | No Comments
IRS Marks EITC Awareness Day; Highlights Expanded Tax Credit
WASHINGTON — An expanded Earned Income Tax Credit (EITC) means larger families will qualify for a larger credit, offering greater relief for people who struggled through difficult financial times last year, the Internal Revenue Service said today.
The IRS and the Treasury Department marked EITC Awareness Day as their partners nationwide worked to highlight the availability of this important tax credit. EITC, which is in its thirty-fifth year, is one of the federal government’s largest benefit programs for working families and individuals. Last year, nearly 24 million people received $50 Billion in benefits. The average credit was more than $2,000.
Click to continue reading “IRS info on EIC”
Tags: Deductions, earned income tax, earned income tax credit, earned income tax credit eitc, Information
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