Since it was enacted almost 40 years ago, the Earned Income Tax Credit has been boosting revenues of low and moderate income workers. The IRS reports that four of every five employees eligible for the EITC claim the benefit, however they'd like to see everyone who qualifies take advantage of it.
The EITC can decrease the amount of federal taxes you owe, which can grant you a refund. Qualified taxpayers can receive a credit worth up to $6,143. That's reason enough to see if you qualify today!