About one in five eligible filers overlook this credit, the IRS said. Certain filers can receive up to $7,830 more back in their refunds when claiming the credit.

The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning even those who do not earn enough money to have taxes withheld are eligible. The Internal Revenue Service is reminding tax filers about a key credit worth up to $7,830.

Some taxpayers may be eligible for a refundable credit of up to $8,000. Here are the requirements and how to apply.

The Internal Revenue Service (IRS) is celebrating 2025 as the 50th anniversary of the Earned Income Tax Credit (EITC), and launching an awareness campaign as a result.

The IRS offers a significant tax credit for low to moderate-income workers, potentially providing up to $8,000. This credit, known as the Earned Income Tax Credit (EITC), can substantially reduce your tax bill or even result in a refund.

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out on claiming the credit.

Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, which was worth an average of $2,743 in 2023, according to the IRS.

Tax filing season has begun. The Internal Revenue Service has information for people who are already filing their returns.