krisanapong detraphiphat / Getty Images The earned income ... filer's total taxable income. For example, an individual who has a tax bill of $2,900 and can claim a $529 credit will owe $2,371 ...
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...
What is the Earned Income Tax Credit ... the EITC combined with the child tax credit helped lift 10.6 million people above the poverty line and lessen poverty for 17.5 million households.
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