The Earned Income Tax Credit (EITC) can reduce taxes and increase refunds for low- to moderate-income workers and families. The credit ranges from $632 to $7,830 for the 2024 tax year. General ...

If you’re unsure if you meet the qualifications to get the EITC, use the IRS online tool, the Earned Income Tax Credit Assistant. You’ll have to answer some questions to see if you qualify.

The IRS estimates that one in five eligible taxpayers don't apply this important tax credit to their filing every year, ...

Mike Carey, R-Ohio, and Danny Davis, D-Ill., would expand eligibility for the Earned Income Tax Credit to workers over the age of 65. Currently, only workers between the ages of 25 and 65 may ...

The child and dependent care tax credit is available to those who pay for child care so they can work. “That’s the key,” Allec says. “You need earned income.” Qualifying expenses include ...

would expand eligibility for the Earned Income Tax Credit to workers over the age of 65. Currently, only workers between the ages of 25 and 65 may claim the credit.