JACKSON HEWITT WANTS TAXPAYERS TO BENEFIT FROM THE EARNED INCOME TAX CREDIT
JERSEY CITY, N.J., Jan. 26, 2024 /PRNewswire/ -- Today is Earned Income Tax Credit (EITC) Awareness Day and Jackson Hewitt Tax Services® wants to ensure more taxpayers know about this often overlooked, but highly valuable tax credit that can reduce taxes owed and increase refunds. Americans can begin preparing to file their taxes now ahead of the IRS beginning to accept and process 2023 tax returns on Monday, January 29, 2024. Taxpayers who qualify to claim the EITC could receive more than $7,400 in their tax refund this year.
- JERSEY CITY, N.J., Jan. 26, 2024 /PRNewswire/ -- Today is Earned Income Tax Credit (EITC) Awareness Day and Jackson Hewitt Tax Services® wants to ensure more taxpayers know about this often overlooked, but highly valuable tax credit that can reduce taxes owed and increase refunds.
- Taxpayers who qualify to claim the EITC could receive more than $7,400 in their tax refund this year.
- "Unfortunately, there are millions of taxpayers who could claim the Earned Income Tax Credit each year, but don't realize it," said Mark Steber, Chief Tax Information Officer at Jackson Hewitt.
- The amount a taxpayer receives from the Earned Income Tax Credit is based on income, filing status, and family size.