The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

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

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

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

If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...

The earned income tax credit is one of the most valuable federal credits available to working families. It’s designed to help low-income to moderate-income workers get a tax break and pocket ...

The earned income tax credit, or EITC, is a tax break that can enable low- to moderate-income working families save thousands at tax time. Whether you can claim, however, depends on your filing ...

(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail to take advantage of the tax break each year. The Earned ...

The earned income tax credit, or EITC, is worth up to $7,830 for eligible families with three or more children for 2024. Meanwhile, the additional child tax credit, or ACTC, is up to $1,700 for 2024.