Children

2016 vs 2015 Earned Income Tax Credit (EIC) Qualification Limits

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[Update] Below are the final IRS published 2015 and 2016 Earned Income Tax credit (EITC) figures. You can reference IRS publication 596 or use online tax providers like TurboTax or H&R Block to get a free estimate of the specific credit amount you would get. Check out the  latest online tax software deals for filing your return and claiming this credit. The 2015 Earned Income […]

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Child and “Kiddie” Tax Credit, Qualification and Income Thresholds

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[2015-2016 Tax Year Update] The IRS announced the child tax credit will remain at $1,000 per child in 2015. Families must have at least $3,000 in earned income to claim any portion of the credit and can receive a refund worth 15 percent of earnings above $3,000, up to $1,000 per child. See the updated table below for qualification and […]

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