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To qualify for EITC, you must be between 25 and 64 years old and have earned income within certain limits. The amount of your credit also depends on the number of kids you have and your filing status.
But according to the IRS, in tax year 2020, only 74.6% of Kansans eligible for the federal EITC actually filed for it. Kansas Legal Services reports 1 in 5 qualifying taxpayers miss out on the ...
Who qualifies for the Earned Income Tax Credit (EITC)? The EITC is a tax credit for working people with low to moderate income that can significantly reduce your taxes or increase your refund - if ...
To qualify, you also must have earned income and meet specific adjusted gross income and credit limits for the current, previous, and upcoming tax years. Credit: IRS
The Michigan EITC dubbed the "Working Families Tax Credit" benefits low-income earners. In the 2022 tax year, those who worked and earned income under $59,187 and had investment income of $10,300 ...
To qualify for the EITC, taxpayers, parents and guardians' earned income should be low to moderate, under $63,398 with qualifying children. Taxpayers who claim the CTC will qualify if their annual ...
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