According to the Internal Revenue Service, the EITC allows a tax break for people making low to moderate wages.

As tax season kicks off, those claiming the Earned Income Tax Credit or Additional Child Tax Credit should prepare for potential delays.

Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some credits to thwart fraud.

In 2023, the average EITC was $2,743, a substantial amount that could significantly ease financial burdens. As we approach the 2025 tax year, it's crucial to understand the changes that could ...

While the EITC has been around for 50 years, it’s still one of the biggest deductions people miss. “Nearly 20% of those eligible do not claim the credit. Even though in 2023, the average ...

The average amount of EITC received nationwide in 2023 was $2,743. To claim this credit, you must file a 1040 federal income tax return. Additionally, if you're claiming the credit for a ...