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Revision as of 05:04, 11 November 2024

Families that are considered to get poor or low income are given assistance your earned income credit, or EIC. The EIC is really a tax credit that helps such families with low earnings to have a better standard of living. An EIC can translate in tax refund of about $400 and $4,500. Residing in will explain how you can figure out if you are eligible for the EIC.

Basically, the reward program pays citizens a percentage of any underpaid taxes the government recovers. Find between 15 and thirty percent of the money the IRS collects, and that keeps the balance.

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