The IRS marks 50 years of the Earned Income Tax Credit, which helps millions of working families. Learn how to qualify and claim it.

As the 2025 tax filing deadline approaches, taxpayers should be aware of several minor, yet important, changes to Internal Revenue Service (IRS) reporting requirements that could impact their 2024 ...

The Earned Income Tax Credit (EITC) helps reduce poverty ... key points to take away for the 2025 tax year, per the Internal Revenue Service (IRS): You can qualify for up to a $8,046 credit ...

Tax season 2025 is in full swing after opening on January 27 and taxpayers who have filed their returns and claimed the EITC want to know when the IRS will process their refund. To claim the Earned ...

“To avoid double taxation, the IRS allows for a few tax ... expats can claim either the Foreign Earned Income Exclusion or the Foreign Income Tax Credit. “You can only choose to take one ...

By law, the IRS can't issue refunds for returns that claim the earned income tax credit or the additional child tax credit before mid-February. The delay is designed to combat fraudulent returns ...

The IRS is holding over $1 billion in unclaimed 2021 tax refunds. The deadline to submit your return is fast approaching.

The tax credits are designed to support low to moderate-income families, and knowing how to leverage them can lead to ...

For low-income workers and families, the Earned Income Tax Credit (EITC) offers a valuable opportunity to enhance financial stability. This tax benefit provides a reduction in taxes owed, potentially ...

As tax day approaches, the Internal Revenue Service (IRS) has reminded U.S. citizens living and working abroad that they have ...

Student Loan Interest Deduction Income Limit 2025 ... chose direct deposit and, finally, if the IRS found no problem with the return. Once this process is complete, payment could arrive 21 ...

If you’re unsure if you meet the qualifications to get the EITC, use the IRS online tool, the Earned Income Tax Credit Assistant. You’ll have to answer some questions to see if you qualify.