Tag: #Lowincomeearners

low-income-earners-tax-credit-refunds

Low-Income Earners Tax Credit May Be Complicated, but It May Result in Thousands of Refunds

The earned income tax credit (EITC) is a refundable tax credit that assists low-income Americans by reducing the amount of tax owed on a dollar-for-dollar basis. If taxpayers’ tax credit surpasses their tax liability for the year, they may be ...