Many don't know they can claim valuable tax credit worth up to $7,830 for some families
Workers who are paid low wages — and in many cases are trying to raise children on overstretched paychecks — can qualify for a financial boost by claiming the earned income tax credit on their tax returns.
As Tax Season 2025 Kicks Off, Should You Wait to Claim the Child Tax Credit?
The IRS began accepting tax returns on Jan. 27, but if you want to claim the child tax credit, you might be waiting awhile for your refund.
IRS says claiming the Child Tax Credit or EITC could delay your tax refund payment
While the IRS says most refunds will be sent within 21 days of receiving a tax return, that’s not the case for those who claim the Additional Child Tax Credit or the Earned Income Tax Credit. That’s because the Protecting Americans from Tax Hikes (PATH) Act forbids the IRS from issuing refunds before mid-February to anyone who claimed either of those credits.
Tax season 2025: Claiming a Child Tax Credit? Here’s how long it’ll take to get your refund
If you're claiming a Child Tax Credit or Earned Income Tax Credit on your 2024 tax returns, you may get your refund later in the season than other filers — even if you filed first. Here's why.
Claimed Child Tax Credit when filing taxes? Here’s the soonest you can expect your refund
A taxpayer who submits an electronic return with the direct deposit can expect to receive their money within 21 days.
Child Tax Credit: What to expect for your 2024 tax refund
As tax season kicks off, understanding the nuances of the child tax credit can help you better manage your expectations for your refund.
Ohio awards $26 million in tax credits to 14 film, TV projects
The Ohio Department of Development announced the recipients, which include feature films and a WWE event to be shot in ...
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Colorado parents, this new state tax credit could net you thousands of dollars
The family affordability tax credit provides eligible families with tax credits of up to $3,200 per child under 6 and up to ...
No, Trump did not call for taking away child support recipients' tax credits | Fact check
Trump made several policy pronouncements after winning election, but he did not call for ending child tax credits for child support recipients.
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IRS celebrates 19th annual Earned Income Tax Credit Awareness Day campaign
In Kentucky, more than 352,000 workers and families received about $967 million total in EITC for tax year 2023.
Oregon volunteer firefighters could receive $1,000 tax credit under new bill
A new senate bill proposing a $1,000 tax credit for Oregon's volunteer firefighters is gaining bipartisan support.
Virginia car tax credit hits dead end before Senate panel
At the crack of dawn on Tuesday, a Democratic-led Senate subcommittee rejected or delayed several of Gov. Glenn Youngkin’s ...
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IRS campaign raises awareness of Earned Income Tax Credit
The Internal Revenue Service and partners around the nation celebrated the 50th anniversary of the Earned Income Tax Credit (EITC) on Friday with the launch of this year’s ...