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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.
Earned Income Tax Credit: While the EITC isn't limited to families, taxpayers with children reap the biggest rewards. Designed for low- to moderate-income taxpayers, the EITC ranges from $600 to a ...
The earned income tax credit (EITC) is aimed at low- to moderate-income workers and families. For tax year 2024 (tax returns filed in 2025), the maximum credit amount ranges from $632 for ...
such as the earned income tax credit for taxpayers with dependents or children. Understanding this can help you claim every tax credit and benefit for which you qualify. Here’s a quick look at ...
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 ...