Connecticut has about 195,000 households that receive the state’s Earned Income Tax Credit, a program to help the working poor cover basic needs and increase savings. The state credit is worth ...

CHARLOTTE, N.C. (WBTV) - As you file your taxes this year, you’ll want to consider claiming a credit that many eligible taxpayers do not take advantage of. It’s called the Earned Income Tax ...

like expanding the Earned Income Tax Credit or changing tax rates or changing deductions," James Hines Jr., a professor of law and economics and the research director of the Office of Tax Policy ...

You can claim both the child tax credit and the child and dependent care credit in the same year. (Consider the earned income tax credit, too.) The amount of the child and dependent care tax ...

and many of them don’t qualify for a meaningful earned income tax credit (EITC). These individuals, often called “childless workers,” include teacher’s aides, home health workers ...

PHILADELPHIA (KYW Newsradio) — Each year, millions of Americans fail to collect money they have coming to them through the Earned Income Tax Credit (EITC). In Philadelphia alone, about 50,000 ...

Disclosures: TurboTax Free Edition is for Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Roughly 37% of taxpayers ...

You can’t use Direct File if you want to deduct IRA contributions. • Earned income tax credit. • Child tax credit. • Credit for other dependents. • Child and dependent care credit.

Some people who earned a Purple Heart in the military – the decoration for service members who were wounded or killed in action – would qualify for a new income tax credit under the legislation.

But wait it gets worse. If this worker has two children, they would be getting the Earned Income Tax Credit. The amount of this credit hits a peak of $6,960 for a parent with two children in 2024.