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See the EIC, Earned Income Credit table amounts and how you can claim this valuable tax credit. Read more, https://nationaltaxreports.com/earned-income-credit-eic-table/ The earned income tax credit is available to claim for the 2019, 2020 tax season.
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SEE THE EIC, EARNED INCOME CREDIT TABLE FOR 2020, 2021 THE (EIC) EARNED INCOME CREDIT TABLE The IRS provides an EIC table/chart which can be used to determine how much credit you can claim on your tax return.To calculate the amount of earned income credit you can claim, simply find the row that matches that amount of earned income in the first two columns of the table to your filing status and the number of qualifying children you claim on your tax return. WHAT IS THE EARNED INCOME CREDIT (EIC)? In an effort to help individuals with low to moderate-income and to reduce poverty, the United States provides a program called the “Earned Income Credit” (EIC). FRAUDULENT CLAIMS It’s important to understand the qualifications and apply for the credit accordingly. An individual will be disallowed the earned income credit if they claim when not eligible due to “reckless or intentional disregard of the EIC rules.” www.nationaltaxreports.com/earned-income-credit-eic-table