News

Tax Rule Change Could See Millions Lose Health Insurance
Unless Congress extends easings to the health premium tax credit, a popular Obamacare subsidy, millions of people could lose ...
Detroit Free Press1y
Earned income tax credit: What kind of income counts, who is eligible for 2023 returns
More: 3 big changes coming to 2023 Michigan ... incomes to receive some extra money through the earned income tax credit for a limited time. On 2021 federal income tax returns, there was no ...
Roll Call2y
Earned income credit backers aim to keep expansion on the radar
Community Change Action, an advocate for low-income ... leaders with lame-duck priorities including making the 2021 earned income tax credit expansion permanent. Veterans groups including the ...
South Bend Tribune2y
The EITC: One of the most generous tax credits and the most complex to compute
Three significant EITC changes ... for the credit) has moved up to $10,300. Publication 596 provides a very helpful overview of the credit in Table 1, page 2 — "Earned Income Credit in a ...
Business Insider5mon
Earned Income Credit: How to Qualify and Maximize Your Tax Benefits
How much is the Earned Income Tax Credit worth? The income limits and credit values are adjusted annually to account for cost of living changes ... your refund for the 2021 tax year, you must ...
Lifehacker1y
How to Tell If You Qualify for the Earned Income Tax Credit
The Earned Income Tax Credit (EITC) is a refundable federal income ... Plus, eligibility can change from year to year. The quickest, easiest way to determine eligibility is by using the EITC ...
U.S. News & World Report2y
Tax Changes for 2023: Say Goodbye to Many COVID-19 Credits and Deductions
As you gather up all your receipts and forms, keep these important changes for ... and dependent care credit cap this year. It dropped from a maximum of $8,000 in tax year 2021 to a maximum ...
Health Affairs2y
Understanding Take-Up Of The Earned Income Tax Credit Among Californians With Low Income
The Earned Income Tax Credit (EITC) is the largest poverty alleviation ... Interviews were conducted in English and Spanish in 2020 and 2021 to gather information on sociodemographic ...
San Diego Union-Tribune2y
Earned income tax credits are a lifeline for San Diegans in need. Here’s how to get them.
In 2021, Gov. Gavin Newsom and the state Legislature expanded the California Earned Income Tax Credit and the Young ... with the local nonprofit Dreams for Change and the EITC Coalition, she ...
Center for Public Integrity2y
This tax break helps lower-income people. Too many don’t get it.
It’s not too late for some missed credits. You can still claim the Earned Income Tax Credit for the 2019, 2020 and 2021 tax years if you’re eligible, either by filing a tax return or an amended return ...
The Hill2y
Beware of expanding the earned income tax credit
Gretchen Whitmer last week announced the expansion of the state’s earned income tax credit (EITC ... of proper and improper payments can change as children grow, marriages dissolve, single ...
AOL1y
Earned income tax credit: What kind of income counts, who is eligible for 2023 returns - AOL
More: 3 big changes coming to 2023 Michigan ... incomes to receive some extra money through the earned income tax credit for a limited time. On 2021 federal income tax returns, there was no ...