You can claim the earned income tax credit by filing federal tax return Form 1040 or 1040-SR, for U.S. seniors. If you have a qualifying child, you’ll be required to file a Schedule EIC .

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.

Refundable tax credits were a big part of state tax policy conversations this year. In 2025, nine states improved or created ...

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.

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 ...

The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for qualified taxpayers.While the EITC has been around for 50 years, it’s still ...

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 ...