Nationwide, the average amount of federal earned income tax credit received was $2,743 for the 2023 tax year. Some larger families with lower incomes can receive much more than the average figures.

The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning even those who do not earn enough money to have taxes withheld are eligible.

Many people don't know they may qualify for the earned income tax credit and get up to $7,830 for some families. Here's how to claim it on taxes.

Investment income must be under $11,600 in the tax year 2024 You must not have to file a Form 2555-EZ, Form 2555 or Foreign Earned Income Earned Income Tax Credit for Families With Children ...

STATEN ISLAND, N.Y. — Taxpayers this year could qualify for nearly $8,000 under the Earned Income Tax Credit, according to the Internal Revenue Service (IRS). The credit, valued up to $7,830, is ...

At least 259,000 taxpayers in Arkansas claimed the federal earned income tax for tax year 2023 (taxes filed in 2024). The IRS delivered an average of $779 million in EITC checks last year, which ...

Illinois expanded its earned income tax credit in 2024, giving low- to moderate-income workers a bigger break on their 2023 state income tax filing. But many taxpayers who receive the federal EITC ...