News

To qualify for the EITC in 2024, you must meet specific criteria. First, you need to have an earned income under $66,819. Additionally, your investment income should be below $11,600.
Penn Hills leaders have officially established a volunteer service tax credit program. During council’s monthly voting ...
For the tax year 2024, the same portion of the earned income tax credit is available for filers with three or more qualifying children with an adjusted gross income up to $59,899 if single and ...
How the credit is phased out The more money you make, the smaller the tax credit you’ll receive. The 35 percent maximum rate phases out once a taxpayer earns more than $15,000 a year, until it ...
You can do it for the last few years, because this year you can backfile your 2021 earned income tax credit. “Help people pay their back bills,” Mayor Tom DeVivo, (D) Windham, said.
The bill’s main provision, to replace the state’s Working Families Tax Credit with a new Earned Income Tax Credit, survived the conference committee and will, if the bill passes, increase the ...