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Working Grandparents Could Receive #EITC

art-eitc-awarenessWorking grandparents are encouraged to find out, not guess, if they qualify for this very important credit. To qualify for EITC, the taxpayer must have earned income either from a job or from self-employment and meet basic rules.  EITC eligibility also depends on family size. The IRS recommends using the EITC Assistant, on IRS.gov, to determine eligibility, estimate the amount of credit and more.

When claiming the EITC or ACTC, you should file as soon as you have all necessary documents together to prepare an accurate return. In other words, file as you normally would.

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2016 Tax Season Kicks-off with #EITCAwarenessDay

WORKERS MAY QUALIFY FOR FEDERAL TAX CREDIT

Moneygami Car 1024x768 pixels(Columbia, SC)— C Fitts Tax Solutions wants to make life a little easier for workers by alerting them about a special tax credit that can put money in their pockets.

“EITC is a tax benefit for working people and their families and it allows more dollars to flow into our community. It’s money workers can use for groceries, rent, utilities and other bills” said Carolyn. “We want workers who may qualify for EITC to have all the information they need to get the EITC and get it right.” Continue reading