File Taxes Online Free
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
You may claim the EIC if you answer “Yes” to all the following questions.
A Qualifying Child For The EIC Is
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 2008
Here are the changes to the Earned Income Credit for 2008. The maximum amount of the Earned Income Credit (EIC) has increased. The most you can get is: $2,917 if you have one qualifying child $4,824 if you have more than one qualifying child or $438 if you do not have a qualifying child. The [...]
