What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

The IRS brings good news for taxpayers: those eligible for the Earned Income Tax Credit (EITC) can enjoy significant tax ...

The Earned Income Credit (EIC or EITC) is a rare WIN-WIN component of the Internal Revenue Code. Win #1 goes to the taxpayer in the form of a "refundable credit" (i.e., a reduction in taxes that ...

See how we rate tax products to write unbiased product reviews. The Earned Income Tax Credit is the largest tax credit available to Americans filing individual federal tax returns. The latest ...

The Earned Income Tax Credit (EITC) can reduces how much you owe in taxes or boost your refund by thousands of dollars . But whether you can take the credit depends on your filing status and your ...

The actual credit is a percentage of those expenses. See IRS Publication 503 for the formulas. Having a child could make you eligible for the Earned Income Tax Credit. If you have one child and ...