Philadelphia Finance

Sep 18 2018

Earned Income Tax Credit (EITC), income tax returns delayed.#Income #tax #returns #delayed

# EITC Help Earned Income Tax Credit (EITC) The Earned Income Tax Credit, EITC or EIC, is a benefit for working people with low to moderate income. To qualify, you must meet certain requirements and file a tax return, even if you do not owe any tax or are not required to file. EITC reduces the amount of tax you owe and may give you a refund. When Can I Expect My Refund? If you claim the earned income tax credit (EITC) or the additional child tax credit (ACTC) on your tax return, the IRS must hold your refund until …