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

Someone who does not have children, for example, can qualify for up $632 for the federal earned income tax credit on their 2024 federal income tax returns, if their income is low enough. Life happens ...

Most people who are eligible for tax credits claim them. Direct File — the IRS’ online tool for filing tax returns — could get more eligible filers to claim EITCs and CTCs.

Beyond the federal EITC, certain states offer their own credits to further support residents. California, for example, provides the California Earned Income Tax Credit (CalEITC) and the Young ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

For example, for tax returns you’ll file early this year, the 2024 EITC is up to $4,213 if you have only one qualifying child. However, if two qualifying children are in your family, the credit ...

If your child can file a joint return with another person (for example, their husband or wife), you cannot claim them on your tax return for the EITC. If you don’t have a qualifying child ...

While adding to your family is an exciting time, a new child also creates some costs you'll want to offset whenever possible. One money-saving move involves revisiting your tax situation. If ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

Alyce Collins is a Newsweek Life and Trends reporter based in Birmingham, U.K. with a focus on trending topics that are both engaging and relatable. Since 2019, she has covered a variety of human ...

Someone who does not have children, for example, can qualify for up $632 for the federal earned income tax credit on their 2024 federal income tax returns if their income is low enough.