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The date on which your EIC was denied and the date on which you file your 2023 return affect whether you need to attach Form 8862 to your 2023 return or to a later return. The following examples demonstrate whether Form 8862 is required for 2023 or 2024.
11 wrz 2024 · Information about Schedule EIC (Form 1040 or 1040-SR), Earned Income Credit, including recent updates, related forms, and instructions on how to file. Schedule EIC (Form 1040 or 1040-SR) is used by filers who claim the earned income credit to give the IRS information about the qualifying child.
was published, go to IRS.gov/ Pub17. Due date of return. File Form 1040 or 1040-SR by April 15, 2024. If you live in Maine or Massachu-setts, you have until April 17, 2024, because of the Patriots’ Day and Emancipation Day holidays. See chapter 1, later. Additonal child tax credit amount increased. The maxi-
Claim the EITC for prior years. You have three years to file and claim a refund from the due date of your tax return. If you were eligible, you can still claim the EITC for prior years. For 2023 if you file your tax return by April 18, 2027. For 2022 if you file your tax return by April 18, 2026.
11 sty 2024 · When should I expect my EITC refund? According to the IRS, a refund with an EITC will arrive around March 1 if you filed electronically and elected for direct deposit, and there were no issues with your return. By law, the IRS cannot issue a tax refund with an EITC before mid-February.
The earned income credit (EIC) is a refundable tax credit for most people who work but do not earn high incomes. The purpose of the EIC is to reduce the tax burden and to supplement the wages of working families whose earnings are less than the maximums for their filing status.
4 lis 2024 · The EIC is a refundable tax credit, which means that it can be used to reduce your taxable income below zero and generate a tax refund. The maximum amount of EIC allowed and income limitations associated with claiming it are adjusted each year by the IRS based on the cost of living.
