The IRS estimates that about 23 million eligible workers and families received about $57 billion in EITC nationwide when filing for 2023. The current income threshold for individuals who are eligible ...

The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.

Here are some other common IRS red flags for audit, according to some tax experts. Underreported income. The IRS often finds ...

If the IRS owes you a tax refund, it should come within three weeks of filing. And in a change, 25 states are now ...

From how to file for free to what forms payment processors like Venmo are sending, we have the guide on what to know about filing in 2025.

President Donald Trump’s attempts to slash federal spending have provoked a fiscal melee across the government — and mass confusion about what is happening with hundreds of billions of dollars in ...

You can check the previous EIC credit amounts for 2023, 2022, and 2021 on the IRS website, although there are some special rules for how the credit was applied in 2021 because of the American ...

You cannot file the 2021 return after this year's April 15 ... One potential delay: If you claim the earned income tax credit or the additional child tax credit, the IRS notes that early filers ...

This means that if you were eligible, you can still claim the EITC for the following years: For 2021 if you file your tax return by April 18, 2025. For 2022 if you file your tax return by ...

The United States is a developed nation with a population of about 340 million people. That statistic alone makes it difficult to understand why thousands and thousands of U.S. residents struggle ...