Press Releases
 
The Earned Income Credit 2019, 2020 - Valuable Tax Credit for Americans

United States, 20 April 2019 -- Traverse City, MI - Without doubt, the Earned Income Tax Credit (EITC) is the most valuable credit for working parents with a low to moderate income. It offers the potential to lower their tax bill beyond $0 so they can get a refund from the IRS. In a new post, Efile Tax Advisor offers all the information taxpayers need to understand how the EITC works. Taxpayers will find out what they need to qualify for the EITC and exactly how to claim it should they qualify.

To claim the EITC, taxpayers must first earn some form of income. The earned income must be either equal to or below $54,884 for the tax filing season they are applying for. They must also file a federal tax return regardless of whether they pay any taxes or not. Taxpayers do not need to have a qualifying child or dependent to claim the EITC.

Taxpayers who qualify to claim the EITC can do so either as a single taxpayer or married but filing jointly. When claiming the EITC, anyone mentioned as a dependent or qualifying child must have a separate social security number and this must be stated. And each qualifying child can only be claimed on a single Federal tax return per year.

There are free tax filing services available to people who would like to claim the Earned Income Credit. Efile Tax Advisor recommends using The TurboTax Free File feature as it is easy to use. It will only ask some basic questions like the total earned income, number of children or dependents and a few lifestyle questions. The site also recommends using any of the IRS volunteer programs across the country as they also offer free tax help.

For more information about the Earned Income Tax Credit (EITC), please read the original blog post by Efile Tax Advisor here, https://efiletaxadvisor.com/2019/04/15/how-the-eitc-supports-low-and-middle-income-americans/

About Frank Ellis
Frank Ellis is a Traverse City Tax Preparation Planner and published author. He has written tax and finance related articles for eight years and has published over 900 articles on leading financial websites.

Contact Information
Frank Ellis
Efile Tax Advisor
945 East 8th Street Suite A
Traverse City, Michigan 49686
Email:
Website: https://efiletaxadvisor.com



# # #


Submitted by datwriterguy on Saturday, 20 April 2019 at 4:31 AM
Category: Business
 
Related News

The Benefits of Dance Classes
Wednesday, 22 May 2019

China Baby Tricycle Manufacturer Announces Availability Of Children Tricycle At Affordable Costs
Wednesday, 22 May 2019

Consider out-of-the-box web development solutions with Shopify!!!
Wednesday, 22 May 2019

Get quality BBQ and offset smokers at Texas Original Pits!!!
Wednesday, 22 May 2019

OPP France Offers the Best Collection of Mens Dress Shoes with Free Shipping Across the World
Wednesday, 22 May 2019

Related Events

Wall Street Journal Future Of Everything Festival, NYC
Monday, 20 May 2019

European Data Protection Days 2019 - The Berlin Conference
Monday, 20 May 2019

LEAP HR: Oil and Gas Conference, Houston 2019
Monday, 20 May 2019

Argus Rio Crude Conference
Monday, 20 May 2019

VRX: Immersive Enterprise - Virtual And Augmented Reality Business ConfEx
Tuesday, 21 May 2019

Latest News

Pro-American Business Leader Daryl Guberman Stands With President Trump & ABAC Against Socialist ANS
Wednesday, 22 May 2019

The Benefits of Dance Classes
Wednesday, 22 May 2019

China Baby Tricycle Manufacturer Announces Availability Of Children Tricycle At Affordable Costs
Wednesday, 22 May 2019

Human Identity Testing Market to Grow at a Swift Pace by 2026
Wednesday, 22 May 2019

Human Identity Testing Market to Grow at a Swift Pace by 2026
Wednesday, 22 May 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Wednesday, 22 May 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Wall Street Journal Future Of Everything Festival, NYC
  • European Data Protection Days 2019 - The Berlin Conference
  • TIDES: Oligonucleotide and Peptide Therapeutics | San Diego, CA
  • LEAP HR: Oil and Gas Conference, Houston 2019
  • Argus Rio Crude Conference

  • Latest Jobs
    Sorry, there are currently no entries posted here.