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  2. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    The earned income tax credit has been part of political debates in the United States over whether raising the minimum wage or increasing EITC is a better idea. [5] [6] [7] In a random survey of 568 members of the American Economic Association in 2011, roughly 60% of economists agreed (31.7%) or agreed with provisos (30.8%) that the earned ...

  3. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

  4. American Recovery and Reinvestment Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/American_Recovery_and...

    The American Recovery and Reinvestment Act of 2009 ( ARRA) ( Pub. L. 111–5 (text) (PDF) ), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession, the primary objective of this federal statute was to save ...

  5. Retirement’s Best Kept Secret: The Annual Saver’s Tax Credit

    www.aol.com/retirement-best-kept-secret-annual...

    If you make contributions to your IRA or employer-sponsored 401(k) retirement plan, you might be able to take advantage of the saver's credit, ...

  6. Tax Tips: A tax credit for retirement savings - AOL

    www.aol.com/2008/03/17/tax-tips-a-tax-credit-for...

    You might be able to get the Retirement Savings Contributions Credit if you contribute money to a 401(k) plan or an individual retirement arrangement (IRA). The catch is that you can only get the ...

  7. Retirement Stimulus: See If You Qualify for the $2,000 Saver ...

    www.aol.com/finance/retirement-stimulus-see...

    Depending on the adjusted gross income reported on your Form 1040 series return, the amount of the credit is either 50%, 20% or 10% of the following: Contributions you make to a traditional or ...

  8. Tax credit - Wikipedia

    en.wikipedia.org/wiki/Tax_credit

    Money portal. v. t. e. A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. [1] It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases.

  9. How to claim the retirement saver's credit - AOL

    www.aol.com/article/finance/2017/01/03/how-to...

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