IRS: Don't miss out on Earned Income Tax Credit

Those who won the jackpot on tax day benefited primarily from refundable tax credits; the Earned Income Tax Credit (EITC), Additional Child Tax Credit (ACTC, the refundable portion of child tax credit), and the now-expired Making Work Pay Credit.

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He has tried to make a few permanent, such as the Making Work Pay credit for families earning under $150000. And he has backed the expansion of existing breaks, such as the earned income tax credit and the child tax credit.

On Earned Income Tax Credit Awareness Day, IRS and Partners Launch Outreach Campaign to Low- and Moderate-Income Workers.

And as they look for answers, they often focus on the Earned Income Credit (EIC) and wonder if something changed. The answer is – very little changed. Certainly nothing that would have a significant impact on your income