Soy Aire on MSN

Tax refund: Understanding the earned income tax credit (EITC) for 2025

The U.S. government has announced record-high tax refunds, with the Earned Income Tax Credit (EITC) offering up to $8,046 for ...
Nasdaq

IRS Updates Earned Income Tax Credit for 2025: More Families Eligible for Higher Credits

The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for qualified taxpayers. While the EITC has been around for 50 years, it’s still one of ...
Money Talks News on MSN

3 tax credits that will be more generous next year -- and 4 that won't

Good news for some taxpayers, but bad news for others.

Up to $8,046 IRS refund: eligibility requirements and who can receive it | 2025 tax year tables

For the 2025 tax year, the maximum refund available through the EITC reaches $8,046, offering a huge financial leg up to ...
Detroit Free Press

Many don't know they can claim valuable tax credit worth up to $7,830 for some families

Workers who are paid low wages — and in many cases are trying to raise children on overstretched paychecks — can qualify for a financial boost by claiming the earned income tax credit on their tax ...
South Bend Tribune

The Earned Income Tax Credit is a rare Win-Win component of the Internal Revenue Code

The Earned Income Credit (EIC or EITC) is a rare WIN-WIN component of the Internal Revenue Code. Win #1 goes to the taxpayer in the form of a "refundable credit" (i.e., a reduction in taxes that is ...
AZ Central

This tax credit is worth up to $7,830 for some, but many don't claim it. Here's how to

The Earned Income Tax Credit (EITC) offers a refundable tax credit to low-income working individuals and families. Eligibility depends on income, filing status, and qualifying children, with various ...
WBEZ

Illinois expanded tax credits for some workers and families but the money isn’t being claimed, experts say

When Evanston parent Chanelle Brown had her second child last year, it felt like the price of everything went up — child care, education and extracurricular activities — and being frugal with each ...
Kiplinger

Five States With the Largest EITC Checks

If you’re a low- to moderate-income worker you may be eligible for a federal tax break this year — and you don’t have to have children to claim it. Last year, approximately 23 million workers and ...
The Times Leader

Pennsylvanians to benefit from new state-level Earned Income Tax Credit

In case you missed it, the Shapiro Administration rolled out a new online calculator and launched statewide outreach to help Pennsylvanians access the Working Pennsylvanians Tax Credit (WPTC) — a ...
Newsweek

The Tax Credit Worth $7,830 That Often Goes Unclaimed

Americans on a low or middle income should be aware of a tax credit that could put thousands of dollars in their pockets. Tax season opened on January 27, meaning taxpayers can now file and pay their ...
Chicago Sun-Times

Illinois expanded tax credits for some workers and families but not all of the money is claimed, experts say

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