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Archive for the 'Earned Income Credit (EIC)' Category

IRS Marks EITC Awareness Day; Highlights Expanded Tax Credit

Posted in Earned Income Credit (EIC) on Jan 29th, 2010 No Comments »

EITC Video: English | ASL
EITC Audio Files for Podcast: English | Spanish
WASHINGTON — An expanded Earned Income Tax Credit (EITC) means larger families will qualify for a larger credit, offering greater relief for people who struggled through difficult financial times last year, the Internal Revenue Service said today.
The IRS and the Treasury Department marked EITC Awareness Day as [...]

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Filing Status

Posted in Claiming Dependents, Earned Income Credit (EIC), Family-related, Filing Status on Jan 16th, 2008 No Comments »

You must determine your filing status before you can determine your filing requirements, standard deduction (discussed later), and correct tax. You figure your correct tax by using the Tax Computation Worksheet or the column in the Tax Table that applies to your filing status.You also use your filing status in determining whether you are eligible [...]

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Goal: Raise standard of living for the working poor

Posted in Earned Income Credit (EIC) on Aug 14th, 2007 No Comments »

Published on: 08/13/07 For Toney Austin, it’s all about Money — in more ways than one.
Money is the name of Austin’s son, who turns [...]

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