This calculator assumes credits entered are nonrefundable ... for Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest).

Our tax calculator, like others ... Other popular credits include the earned income tax credit and the American opportunity ...

Let’s say you earned $60,000 in 2022 and filed as a single taxpayer. After deductions and adjustments, $50,000 of that income would have been taxable. The calculator will show that the marginal ...

If you aren’t eligible for the earned income tax credit, or EITC, it means you make too much money to get it. If you are eligible for it, it means you can get a significant tax break.

Tax credits like the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) are a major component of anti-poverty efforts ...