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Notice 1036 Rev November Early Release Copies of Income Tax Withholding and Advance Earned Income Credit Payment Tables Form

Notice 1036 Rev November Early Release Copies of Income Tax Withholding and Advance Earned Income Credit Payment Tables Form

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the Earned Income Tax Credit what is it who qualifies for it let's clear things up this credit is for low to moderate income workers and the credit amount that you earn changes depending on your filing status and how many kids you have to qualify you don't have to have kids just make that clear but your adjusted gross income would need to fall below the year's maximum allowed amounts and the IRS also sets limits on how much of certain investment income you can have to qualify but the credit is refundable so if it exceeds the amount of taxes owed it results in a tax refund if you claim and qualify for the credit your tax software or your CPA will check your eligibility for this credit when you file your taxes

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