Still, the IRS estimates that one in five taxpayers who are eligible for the EITC fail to claim it. Here’s what you need to know about this valuable tax break. What is the Earned Income Tax Credit?

Many who overlook the earned income tax credit end up leaving good money on the table by not filing a tax return to claim the credit. The IRS estimates that 1 in 5 eligible taxpayers miss out on ...

If you have qualifying children, however, you'll need to attach a Schedule EIC with their Social Security numbers, birth years and other information. TurboTax lets you claim the credit on its ...

The IRS just announced the annual inflation adjustment for the earned income tax credit, as well as other key family tax breaks for tax year 2025. Here’s what you should know about the earned ...

The Earned Income Tax Credit (EITC) helps reduce poverty for ... per the Internal Revenue Service (IRS): You can qualify for up to a $8,046 credit, an increase from $7,830 from previous years ...