File Your Taxes Now » Earned Income Credit

Top 9 Tips For Earned Income Credit Eligibility

Admin — Wed, 01 Feb 2012 21:26:54 +0000

The Earned Income Tax Credit is a financial boost for workers earning $49,078 or less in 2011. Four of five eligible taxpayers filed for and received their EITC last year. The IRS wants you to get what you earned also, if you are eligible.

2011 Earned Income Credit Publication 596

Admin — Mon, 23 Jan 2012 11:54:02 +0000

2011 Earned Income Credit (EIC) Publication 596

2011 EIC Chart

Admin — Wed, 28 Dec 2011 23:34:08 +0000

The 2011 Earned Income Credit (EIC) chart / table

2010 EIC Chart

Admin — Sat, 08 Jan 2011 12:28:33 +0000

Here is the 2010 Publication 596 – Earned Income Credit. The 2010 Earned Income Credit – EIC Table EIC Chart starts on page 43 of the document. You can read the EIC Chart online here

EIC Changes: Preview of Tax Year 2010

Admin — Fri, 10 Dec 2010 11:56:34 +0000

EIC or EITC is a refundable tax credit, meaning you can get money back even if you owe no federal income tax or had no tax withheld. And, if you owe tax, it can offset the amount you must pay. Below is a preview of the new 2010 earning limits and maximum amounts.

EITC Awareness Day

Admin — Sun, 31 Jan 2010 08:44:09 +0000

An expanded Earned Income Tax Credit (EITC) means larger families will qualify for a larger credit, offering greater relief for people who struggled through difficult financial times last year, the Internal Revenue Service said today.

2009 EIC Table

Admin — Fri, 15 Jan 2010 13:26:55 +0000

Here is 2009 Publication 596 – Earned Income Credit. The 2009 EIC Table begins on page 46 of the document. You can read it online here or optionally download it to your computer at the bottom of the page. Be sure to read through some of the new Earned Income Credit changes before going straight to the 2009 EIC chart. This is the 2010 EIC chart for filing your 2009 taxes.

Ten Tax Tips for Taxpayers with Children and Students

Admin — Fri, 15 Jan 2010 11:18:13 +0000

Do you have children? Having children or students enrolled in higher education will most likely change your tax situation. Below you will find 10 things you should consider before filing your taxes.

File Taxes Online Free

Admin — Wed, 30 Dec 2009 01:07:48 +0000

The IRS estimates that 70 percent of all taxpayers (about 98 million taxpayers) will be eligible to file taxes online for free this year! Only 4.8 million tax returns were filed through Free File last year, an increase of 24 percent over the previous year's total of nearly 3.9 million returns, but still way below the number of people who are eligible to file taxes online for free!

EIC Eligibility Checklist

Admin — Mon, 28 Dec 2009 10:05:57 +0000

You may claim the EIC if you answer “Yes” to all the following questions.

A Qualifying Child For The EIC Is

Admin — Wed, 23 Dec 2009 05:01:34 +0000

A qualifying child for the EIC is a child who is your... Son, daughter, stepchild, foster child, brother, sister, stepbrother, stepsister, or a descendant of any of them (for example, your grandchild, niece, or nephew) AND...

Earned Income Credit Changes For 2009

Admin — Tue, 17 Nov 2009 19:36:16 +0000

New for tax year 2009, is the additional EITC and income thresholds for a Third Qualifying Child and Changes to the Uniform Definition of a Child The change in the Uniform Definition of a Child adds two new rules to the definition of a “qualifying child.”