Earned Income Tax Credit (EITC) Increase to $7,830 – February 2025 Payment Details & Eligibility
The Earned Income Tax Credit (EITC) is a federal tax benefit designed to assist low- to moderate-income workers by reducing their tax liability and potentially increasing their refund. For the tax year 2024, eligible taxpayers with three or more qualifying children can receive a maximum credit of $7,830. Understanding the eligibility criteria and important dates … Read more