The Earned Income Tax Credit (EITC) helps low to moderate income workers and families get a tax break. If you qualify, you can use the credit to reduce the taxes you owe – and maybe increase your refund.
The Earned Income Tax Credit or EITC has no maximum age limit for 2021 tax returns, even for working taxpayers with no eligible children.
Also, you can elect to use your 2019 earned income to figure your 2021 earned income credit (EIC) if your 2019 earned income is more than your 2021 earned income.
CONTACT US TODAY if you have any questions or need help with the preparation of your tax returns.
Sincerely,
Maryna Varabyova, CPA
(877) 677-3737
info@vmtaxcpa.com
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