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Tuesday
Jan 06th
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Earned Income Credit E-mail
If you were married filing jointly and earned less than $38,348 ($36,348 for individuals, surviving spouses or heads of household) in 2006, you may qualify for the Earned Income Credit, or even a refund check. The EIC can be complicated. First you have to qualify, then your income has to pass muster, and finally, if you have kids, they have to qualify. If you pass all these tests, you could get a credit of as much as $4,536, depending on the number of children you have. This tax credit is worth exploring, if you or someone you know has low earnings.
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  • Newsflash
    AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday.
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