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Posts Tagged ‘who is eligible for earned income tax credit’

The Earned Income Tax Credit Rules If You Have Children

The Earned Income Tax Credit (EITC) is designed to help working individuals and families that do not have high income. This refundable tax credit allows families to reduce their tax bill considerably. Those taxpayers that have children can get even further reduction in their tax liability. Claiming a refundable tax credit can result in a refund even when there are no taxes owed.