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The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out on claiming the credit.
CNBC Select explains how the earned income tax credit can save you thousands.
The Earned Income Tax Credit (EITC) reduces tax bills for low-to-moderate-income working families. It's a tax credit that ranges from $560 to $6,935 for the 2022 tax year depending on your filing ...
Home Taxes Tax Law Earned Income Tax Credit (EITC) 2025: How Much Will You Get? The refundable amount for workers with or without children is slightly higher this year. Here’s what you need to know.
How to claim the EITC You can claim the earned income tax credit by filing federal tax return Form 1040 or 1040-SR, for U.S. seniors. If you have a qualifying child, you’ll be required to file a ...
The earned income tax credit (EITC) can help people with low-to-moderate income, but it can also increase IRS audit risk for some.
Earned income is payment for work. Taxpayers with earned incomes below certain levels are eligible for a tax credit that may even supplement their wages.
The agency will overhaul how it scrutinizes returns that claim the earned-income tax credit, which is aimed at alleviating poverty.
Learn who qualifies for the earned income tax credit, what’s different on your 2022 tax return and how this tax break can work for you.
Discover how the Earned Income Tax Credit works, who qualifies, and how to claim the EITC for working individuals and families.
The earned income tax credit is meant to help working people with low or moderate incomes. You can receive as much as $7,430 in tax credit, depending on your status.
The earned income tax credit (EITC) is a refundable tax break for low- and moderate-income workers. This means it can lower your tax bill by the corresponding credit amount.