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  2. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    The United States federal earned income tax credit or earned income credit ( EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low-income adults with no children are eligible. [1]

  3. Earned Income Credit Table: Find Out If You Qualify - AOL

    www.aol.com/finance/earned-income-credit-table...

    The earned income tax credit is only available if your income doesn’t exceed certain limits, some of which are based on your filing status and the number of qualifying children you claim. This ...

  4. Earned Income Tax Credit: Find Out if You Qualify - AOL

    www.aol.com/earned-income-tax-credit-qualify...

    The basic qualifications for getting the earned income tax credit include working and earning income under $63,398, having investment income below $11,000 and having a valid Social Security number ...

  5. What is Earned Income Tax Credit and How to Qualify - AOL

    www.aol.com/earned-income-tax-credit-qualify...

    To qualify for the EITC for the 2021 tax year, you must: Have earned an income under $57,414. Have investment income below $10,000. Have a valid Social Security Number. Be a U.S. citizen or ...

  6. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    As of 2010, 68.8% of federal individual tax receipts, including payroll taxes, were paid by the top 20% of taxpayers by income group, which earned 50% of all household income. The top 1%, which took home 19.3%, paid 24.2% whereas the bottom 20% paid 0.4% due to deductions and the earned income tax credit.

  7. Foreign earned income exclusion - Wikipedia

    en.wikipedia.org/wiki/Foreign_earned_income...

    The amount of exclusion that a taxpayer is entitled to is equal to the lesser of foreign earned income for the year or the maximum exclusion, divided by the total number of days (365 or 366) in the year times the number of "qualifying days". The exclusion is then reduced by half of self-employment tax. The "housing exclusion" is the amount of ...

  8. Earned income tax credit: What kind of income counts, who is ...

    www.aol.com/earned-income-tax-credit-kind...

    Detroit Deputy Mayor Todd Bettison noted that Detroiters typically left an estimated $80 million on the table in unclaimed tax refunds each year, including money from the earned income tax credit ...

  9. Earned Income Tax Credit: Everything You Need To Know ... - AOL

    www.aol.com/finance/earned-income-tax-credit...

    The Earned Income Tax Credit (EITC) is one of the largest refundable tax credits offered by the federal government. Its recent expansion makes it even more valuable to low- and moderate-income...

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