Nick Venturella | Creative+
  • Home
  • Work with Nick
  • Sign Up
  • Contact

Learn About theĀ Earned Income Tax Credit & Credit Table

10/6/2015

 
Earned Income Tax Credit and Credit Table
There maybe several tax benefits for you to take advantage of, but unless you know about them and understand how to qualify for them it is unlikely you will reap the benefits to which you might be entitled.

One such credit is the earned income tax credit.

Here is an article that goes into more detail about the earned income tax credit and table chart.

Be sure to read the article to get more information about the tax credit, but in a nutshell, based on your level of earned income, the credit decreases all federal income tax you currently owe, dollar-for-dollar.

Should the credit totally wipe out your tax bill and some credit remains, it’s possible to get a cash tax refund for the outstanding amount.

Again, read the article to learn of resources that will help you determine your eligibility.  The article also includes the credit table which shows the income levels that meet the threshold for the credit.  It also includes information about whether or not your child is eligible for the credit.

Posted by Nick Venturella



Comments are closed.

    RSS Feed

    Picture
    Nick Venturella Pic
    Hey there. I'm Nick Venturella
    Blog Author:
    Nick Venturella

    Learn More

    Invest in yourself. Get creative/business/life insights in your inbox - sign up for my eNewsletter.
    Privacy Policy

    Archives

    March 2020
    August 2019
    April 2019
    January 2019
    August 2018
    May 2018
    February 2018
    November 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    October 2016
    September 2016
    July 2016
    June 2016
    May 2016
    April 2016
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014


Powered by Create your own unique website with customizable templates.
  • Home
  • Work with Nick
  • Sign Up
  • Contact