taxes

Taxpayers Can Spread the Word About Tax Credit that Benefits Friends and Family

General

The earned income tax credit provides a boost to workers, their families and the communities where they live. A tax credit usually means more money in the taxpayer’s pocket. Many qualified taxpayers don’t claim this credit simply because they don’t know about it. In fact, every year millions of people are newly eligible for EITC because their family or financial situation changed.

The earned income tax credit provides a boost to workers, their families and the communities where they live. A tax credit usually means more money in the taxpayer’s pocket. Many qualified taxpayers don’t claim this credit simply because they don’t know about it. In fact, every year millions of people are newly eligible for EITC because their family or financial situation changed. Word of mouth is one way to spread information about this credit.


Source: IRS

Continue reading here:

https://www.irs.gov/newsroom/taxpayers-can-spread-the-word-about-tax-credit-that-benefits-friends-and-family

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