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The Earned Income Tax Credit What it Does for CT, and How it Could Do Much More Ctvoices Form

The Earned Income Tax Credit What it Does for CT, and How it Could Do Much More Ctvoices Form

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Do you make less than $64,000? You might qualify  to claim the earned income tax credit and it could   add thousands of dollars to your tax refund.  In fact, millions of taxpayers qualify for this   valuable credit annually, and you might be one of  them. In this video, we've got you covered. We're   diving deep into the world of EITC, breaking down  what it is, who qualifies. Here's a hint, it may   be you. And how it can significantly impact you  and your family's financial situation. I'm Mark   Steber, Chief Tax Information Officer at Jackson  Hewitt okay, let's go. What is the earned income   tax credit, otherwise known as the EITC? Well, the  EITC was originally created nearly 50 years ago to   help offset the tax burdens of the hardest working  who are raising families and children. Since then,   it has expanded to help all taxpayers, even those  without children with a low to moderate income   level and i

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