During tax season, many eagerly await their refunds, but those claiming the Additional Child Tax Credit (ACTC) and Earned ...

If you aren’t eligible for the earned income tax credit, or EITC ... think of overstating taxes on a tax form as a way of cheating, “but the way the EITC calculation works, there is actually ...

Changes to taxation system include lowering the top tax rate, raising the income threshold for the lower rate, and expanding ...

Many low- and moderate-income workers may qualify for the Earned Income Tax Credit. For 2021, the EITC could be worth up to ...

Deadline to submit the return is April 15. Under federal law, taxpayers have three years to file and claim their tax refunds.

Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s.

You may qualify for the Earned Income Tax Credit The earned income tax credit (EITC) is a federal tax break designed for workers with low- and moderate-income, with or without children who work pa ...

Continuing with the example above, if you qualified for an earned income tax credit (EITC) of $4,213, your tax liability would drop from $11,552.66 to $7,339.66. As you explore tax credits ...

Rep. Matthew Willard, D-Orleans, has filed a bill proposing to double the state’s Earned Income Tax Credit for low- and moderate-income families. Currently, Louisiana taxpayers receive a state EITC ...

Continuing with the example above, if you qualified for an earned income tax credit (EITC) of $4,213 ... “Taxpayers should review the tax form carefully to see what deductions apply to them ...