This is a tax break aimed at helping working Americans with a low-to-moderate income. You must have what qualifies as earned income and meet certain adjusted gross income (AGI) and credit limits.

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.

I’m breaking down exactly what tax brackets mean so you can better understand how much you’re really paying in taxes and how ...

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

The IRS has specific rules about what qualifies as earned income for the purpose of IRA contributions. According to IRS guidelines and financial education platforms like Investopedia, earned ...

Single person household: $1,255 Two-person household: $1,704 Household of 3 people: $2,152 Household of 4 people: $2,600 Deductions are applied to gross income, such as the 20% earned income ...

The federal government helps defray at least some small portion of those costs with the child and dependent care credit, ...