The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

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 ...

A tax credit directly reduces your tax liability on a dollar-for-dollar basis. This makes it a better option than a tax ...

Wondering what the different tax credits are and if you're eligible to claim any? Here's our guide to who can benefit from ...

Currently, the state of Michigan offers extra money through a state earned income tax credit, which is a direct 30% match of an individual taxpayer's federal EITC amount. For 2024, the maximum ...

Thousands of Illinois residents who are eligible for tax credits didn’t claim them last year, resulting in $4 million in ...

The IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and the ...

is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income credit (EIC), the amount you get depends on your income, filing status ...

The Earned Income Tax Credit is a refundable credit for eligible taxpayers who earn less than $66,819. Taxpayers can get a refund if the credit amount is more than what they owe in taxes.