The Internal Revenue Service (IRS) is celebrating 2025 as the 50th anniversary of the Earned Income Tax Credit (EITC), and launching an awareness campaign as a result.

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

The IRS offers a significant tax credit for low to moderate-income workers, potentially providing up to $8,000. This credit, known as the Earned Income Tax Credit (EITC), can substantially reduce your ...

Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...

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

As the 2025 tax season approaches, U.S. taxpayers have the opportunity to claim 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 credit (EIC), the amount you get depends on your income, filing status ...

As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...

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

And as people get started on their filings, the Internal Revenue Service (IRS) is urging taxpayers to get a closer look at an oft-overlooked — and potentially useful — tax credit.

Some taxpayers may be able to claim the Earned Income Tax Credit of up to $7,830, that is refundable, meaning you can get it even if you paid less in taxes.