The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

WASHINGTON — The Internal Revenue Service and partners around the nation today celebrated the 50th anniversary of the Earned ...

(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail to take advantage of the tax break each year. The Earned ...

The earned income tax credit, or EITC, is a tax break that can enable low- to moderate-income working families save thousands at tax time. Whether you can claim, however, depends on your filing ...

The earned income tax credit is one of the most valuable federal credits available to working families. It’s designed to help low-income to moderate-income workers get a tax break and pocket ...

The earned income tax credit, or EITC, is worth up to $7,830 for eligible families with three or more children for 2024. Meanwhile, the additional child tax credit, or ACTC, is up to $1,700 for 2024.

Earned Income Tax Credit: While the EITC isn't limited to families, taxpayers with children reap the biggest rewards. Designed for low- to moderate-income taxpayers, the EITC ranges from $600 to a ...