• EITC Awareness Day: 50 Years of Helping Working Families

  • Feb 3 2025
  • Length: 8 mins
  • Podcast

EITC Awareness Day: 50 Years of Helping Working Families

  • Summary

  • Episode Title: EITC Awareness Day: 50 Years of Helping Working Families

    Description: The IRS and national partners are celebrating 50 years of the Earned Income Tax Credit (EITC)! Learn if you qualify for this valuable tax break, which can put thousands of dollars back in your pocket. We'll cover eligibility, how to claim it, and new changes for this tax season. Don't miss out!

    Show Notes:

    • EITC 50th Anniversary: The IRS and partners launched EITC Awareness Day to highlight this important credit.
    • Who's Eligible? Income limits, citizenship requirements, and more. Use the EITC Assistant tool to check your eligibility.
    • How Much? The average EITC refund was $2,743 in 2023, with a maximum of $7,830 for families with children in 2024.
    • How to Claim: IRS Free File, Direct File, tax professionals, and free VITA/TCE sites.
    • New This Year: E-filing with duplicate dependents is now easier with an IP PIN.
    • Refund Timing: Expect EITC/ACTC refunds by March 3rd if you file early and choose direct deposit.
    • Resources:
    • IRS EITC Central: [Link to EITC Central]
    • EITC Assistant: [Link to EITC Assistant]
    • VITA/TCE Locator: [Link to VITA/TCE Locator]
    • Publication 596: [Link to Publication 596]



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