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.
Posts Tagged earned income tax credit
Do You Qualify for the EIC
Feb 12
IRS info on EIC
Feb 8
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.
