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What is the Earned Income Credit Program?

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What is the Earned Income Credit Program?

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It is a special program for low and moderate-income persons who have been employed in the last tax year. The program is administered by the Internal Revenue Service (IRS) and is a major anti-poverty initiative. It can reduce your federal taxes (possibly to zero). You may qualify for extra cash back from the IRS – a refund of more than you actually paid in taxes. Even if your earnings are so low that you did not pay taxes, you may be able to get a payment. Who is eligible and how much might I get? Generally, you may be eligible if you worked full or part-time and: • you have no children and your household income was less than $12,590 (or $14,590 for married workers) during the year (payment up to $428); • have one child and your household income was less than $33,241 (or $35,241 for married workers) (up to $2,853); or • have two or more children and your household income was less than $37,783 (or $39,783 for married workers) (up to $4,716). For an easy-to-understand set of questions and

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