{"id":34063,"date":"2025-01-26T10:00:14","date_gmt":"2025-01-26T15:00:14","guid":{"rendered":"https:\/\/futbolete.com\/us\/?p=34063"},"modified":"2025-07-14T09:31:57","modified_gmt":"2025-07-14T13:31:57","slug":"irs-how-calculate-amount-eitc-ranging-649-8046","status":"publish","type":"post","link":"https:\/\/futbolete.com\/us\/irs-how-calculate-amount-eitc-ranging-649-8046\/","title":{"rendered":"IRS: How to calculate the amount of your EITC"},"content":{"rendered":"<p>The <strong>Internal Revenue Service<\/strong> (IRS) has confirmed that the <strong>2025 tax season<\/strong> will start on <strong>January 27<\/strong>, 2025. Thus, you will have from that day until the April 15 deadline to pay taxes, file, and claim any tax credits you are eligible for. The <strong>Earned Income Tax Credit<\/strong> is a great way to increase your tax refund or reduce the tax you owe in 2024.<\/p>\n<p>Therefore, if you are a <strong>worker or a family<\/strong>, you should check if you are eligible for this <strong>tax credit<\/strong> the<strong> IRS<\/strong> offers. The Agency recommends using the <strong>EITC Assistant<\/strong>.<\/p>\n<h2>How does the IRS EITC Assistant work?<\/h2>\n<p>Taxpayers can use this <strong>calculator<\/strong> to find out if they are <strong>eligible<\/strong> for the <strong>Earned Income Tax Credit.\u00a0<\/strong>What is more, you will also discover if you have any qualifying relatives or children.<\/p>\n<p>As a matter of fact, the<strong> IRS EITC Assitant<\/strong> will provide taxpayers with an estimated amount if they qualify. Of course, this is an approximate amount and it will not be accurate if you do not provide precise information.<\/p>\n<p>The <strong>IRS EITC Assistant<\/strong> will also be able to help you find out your <strong>filing status<\/strong> for your 2024 tax return. Great news because this<strong> tool is free<\/strong> and you will be able to access it on the<strong> Agency&#8217;s website<\/strong>. Visit it at: https:\/\/apps.irs.gov\/app\/eitc<\/p>\n<h2>What does the IRS require taxpayers to use the EITC Assistant?<\/h2>\n<p>For your information, to calculate the amount of your Earned Income Tax Credit in your 2024 tax return, you will need six key things:<\/p>\n<ul>\n<li>Income statement: <strong>W-2s<\/strong><\/li>\n<li>Income statement:<strong> 1099s<\/strong><\/li>\n<li>Documents that show the <strong>taxes withheld<\/strong><\/li>\n<li>Documents to prove the money paid to you<\/li>\n<li>Any expenses<\/li>\n<li>Any adjustments to your income<\/li>\n<\/ul>\n<p>The<strong> IRS<\/strong> reminds taxpayers that their security and privacy will be its utmost priority. The Agency will not request sensitive information when you use the <strong>EITC Assistant<\/strong>. For example, your bank account number, address, or Social Security number will NOT be necessary.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service (IRS) has confirmed that the 2025 tax season will start on January 27, 2025. Thus, you will have from that day until the April 15 deadline &#8230; <a title=\"IRS: How to calculate the amount of your EITC\" class=\"read-more\" href=\"https:\/\/futbolete.com\/us\/irs-how-calculate-amount-eitc-ranging-649-8046\/\" aria-label=\"Read more about IRS: How to calculate the amount of your EITC\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":34066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[44,45],"class_list":["post-34063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-irs","tag-tax"],"_links":{"self":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts\/34063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/comments?post=34063"}],"version-history":[{"count":0,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts\/34063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/media\/34066"}],"wp:attachment":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/media?parent=34063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/categories?post=34063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/tags?post=34063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}