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 26 USC 7530 Application of Earned Income Tax Credit to 2024-2025

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If you work and have low-to-moderate income,  be sure to look into the earned income tax   credit – also known as EITC. It can put money in  your pocket. The first thing to do is check out   irs.gov/eitc. There, you’ll discover the credit  can be worth thousands of dollars for some people. The amount of your credit depends on  several factors. This includes things   like whether you have children,  dependents, or are disabled. You must meet other criteria too. For example,   your income from working and your investment  income must be below specific limits. You must be a US citizen or a resident  alien all year and you must have a   valid Social Security number by  the due date of your tax return. There are special qualifying  rules for Military members,   clergy, and taxpayers with disabilities,  but keep in mind that the only way anyone   can get the credit is by filing a  tax return and claiming the credit. One important note: The IRS is  required by la

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