Earned Income Tax Credit

Posted on

There is a tax credit that 1 in 5 eligible workers often overlook. It’s the Earned Income Tax Credit or EITC. The EITC has been helping low- to moderate-income workers by giving them a boost to their income. You may qualify for it if you worked any part of last year and earned generally $52,000 or less. Exactly how much the credit will be depends on your income, family size and other factors. It’s important to get it and get it right. If you earned $52,000 or less from wages, self employment or farming, see if you qualify for the Earned Income Tax Credit. You might qualify for EITC this year even if you didn’t in the past. Workers who qualify for EITC must file a federal income tax return and specifically claim the credit to get it, even if they do not have a requirement to file a return.

To learn more, contact a Nevada Corporate Headquarters representative at 1-800-508-1729.


SEARCH

CATEGORIES

Nevada Edge

DOWNLOAD FREE BOOK NOW

This 100-page book is packed with everything you need to know about the benefits of incorporating and Nevada corporations and LLCs.

Copyright © 2021 | Nevada Corporate Headquarters, Inc. | All Rights Reserved.

...