As the 2025 tax season here, understanding the potential benefits of filing your tax return, even if not required. Discover ...

The IRS has begun processing tax refunds for the 2024 income year, filed in 2025. If you're eligible for the Earned Income ...

The average direct deposit refund was also up by 7.1% from last year – at an average of $3,505. Claiming the Earned Income ...

Because of this, if you requested this refund in the early days of the tax ... These are the dates on which you could receive your EITC payment this week, depending on when you filed your taxes: ...

If a taxpayer's EITC exceeds their tax liability, they may qualify for a refund of taxes withheld from their paycheck throughout the year. A file photo of a Form 1040 with some dollar bills.

The Internal Revenue Service started accepting income-tax returns on Jan. 27, opening the spigots of refund money shortly thereafter. But taxpayers who claimed the Earned Income Tax Credit or the ...

According to the Internal Revenue Service, the EITC allows a tax break for people making low to moderate wages.

The EITC was designed to support low- and moderate-income workers, reduce their federal taxes or provide a refund during tax season, helping those who need it most. Workers must file a tax return ...

Failing to claim your refund could also leave you without the Earned Income Tax Credit you qualified for in 2021. The IRS reports that, at the time, the thresholds for the EITC were: $51,464 ($ ...