A Very Good Taxes - Part 1: Difference between revisions
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Revision as of 08:53, 8 January 2025
The IRS has set many tax deductions and benefits secured for taxpayers. Unfortunately, some taxpayers who are earning a advanced level of income can see these benefits phased out as their income climbs.
Although the time open a lot of people, some individuals will not meet the requirements to generate the EIC. People who obtain the EIC should be United States citizens, possess a social security number, earn a taxable income, be over twenty-five years old, not file for taxes the actual Married Filing Separately category, and possess a child that qualifies. Meeting these requirements is the 1st step in finding the earned income credit.
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