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Prepare your taxes carefully because simple errors can cause your return to be rejected and delay the credit. If you aren’t eligible for the earned income tax credit, or EITC, it means you make ...
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If you made money last year by working a job or running a business–you might qualify for the Earned Income Tax Credit (EITC). This credit is designed to help middle-class and low-income families ...
Every year, millions of dollars in tax credits are left on the table by families who fail to access them — missing out on one of the most effective anti-poverty tools in the US.
The child and dependent care tax credit is available to those who pay for child care so they can work. “That’s the key,” Allec says. “You need earned income.” Qualifying expenses include ...
That’s why a proposal like the Tax Cut for Workers Act, introduced by Sen. Catherine Cortez Masto, is so important. It recognizes that supporting workers without children is part of how we support ...
Mike Carey, R-Ohio, and Danny Davis, D-Ill., would expand eligibility for the Earned Income Tax Credit to workers over the age of 65. Currently, only workers between the ages of 25 and 65 may ...