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Form it 252 ATT Employment Incentive Credit for the Tax Ny

Form it 252 ATT Employment Incentive Credit for the Tax Ny

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the earned income tax credit can give low to middle income workers a financial boost after a difficult 2020. a lot of people don't take advantage of this tax credit and the irs recognized that and issued a tax tip reminding taxpayers how to claim this credit it could be a big help to a lot of families the average credit amount in 2019 was actually almost 2500 this credit would either reduce the amount you owe on your taxes if you don't any oh anything it could provide you a refund even if you're not required to file a tax return but it all starts with filing a federal tax return that's your only opportunity to claim this credit then the taxpayer is going to qualify based on your income and your filing status we're going to review some of the other eligibility steps as well and here's one other thing to keep in mind it can actually be more if you have dependent qualifying children we're going to talk about what some of those number

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