New ‘Lookback rule’ may help you qualify for a larger tax refund

New ‘Lookback rule’ may help you qualify for a larger tax refund

This year, to support economic relief from the COVID-19 pandemic, Congress passed a new ‘lookback rule’ which means if you earned less in 2020,...

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Ten Facts You Didn’t Know about the EITC

Ten Facts You Didn’t Know about the EITC

In 2018, the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) lifted more than 10.6 million people in working families above the...

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Will getting the EITC or CTC lower government benefits?

Will getting the EITC or CTC lower government benefits?

Generally, no. In 2013, Congress enacted legislation that permanently excludes any federal tax refund from counting as income in determining eligibility or the amount...

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Six Ways the EITC Helps Kids in Schools

Six Ways the EITC Helps Kids in Schools

The Earned Income Tax Credit (EITC) is a refundable tax benefit for low- and moderate-income working families. Extra income from the EITC helps at...

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Are Foster Parents Missing Out on the EITC?

Are Foster Parents Missing Out on the EITC?

May is National Foster Care Month. The foster care system provides full-time substitute care for children. In 2018, more than 437,283 foster children lived...

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How to Get the Most Out of Your Tax Refund

How to Get the Most Out of Your Tax Refund

If you’re filing your taxes this year, consider how you can maximize your tax refund. You can both boost your refund and save the...

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Four Reasons Every Parent Should Know About the Earned Income Tax Credit

Four Reasons Every Parent Should Know About the Earned Income Tax Credit

Every working parent should know about the Earned Income Tax Credit (EITC), a tax benefit that can mean extra money back in your tax...

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Do I Qualify for the First Stimulus Check?

Do I Qualify for the First Stimulus Check?

If you meet the following four requirements, you likely qualify for the stimulus.

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Filing Taxes if You Are Currently Incarcerated or Re-entering Society

Filing Taxes if You Are Currently Incarcerated or Re-entering Society

Re-entering society can be a challenging time. Filing taxes may add to that complexity. Here’s what you need to know about filing taxes if...

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