Earned Income Tax Credit (EITC) for 2024: Eligibility and Income Requirements

Earned Income Tax Credit (EITC) for 2024: Eligibility and Income Requirements

The Earned Income Tax Credit (EITC) is a crucial financial support mechanism for low to moderate-income employees in the United States. This tax credit not only reduces the amount of taxes owed to the IRS (Internal Revenue Service) but also can result in a refund if the credit exceeds the amount of taxes due. Understanding … Read more