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.

The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.

If you are a low- or middle-income earner, you may be eligible for hundreds or even thousands of dollars in your 2024 tax refund through the Earned Income Tax Credit (EITC). However, roughly one in five eligible taxpayers miss out on claiming the credit because they don’t know they’re eligible, according to IRS.

WASHINGTON — The Internal Revenue Service and partners around the nation today celebrated the 50th anniversary of the Earned Income Tax Credit (EITC) with the launch of this year’s EITC Awareness Day campaign.

U.S. citizens should be aware of the potential financial boost from the IRS's Earned Income Tax Credit (EITC). This credit offers a valuable opportunity to ease financial burdens and simplify tax obligations.

The 2025 tax season has officially begun, and while Americans are looking to get the most out of their returns, the Internal Revenue Service says a fifth of eligible taxpayers fail to take advantage of a massive tax break every year.