IRS.com is not affiliated with any government agencies

Tax Credits

Understanding The EITC: Who Gets Earned Income Credit?

Understanding The EITC: Who Gets Earned Income Credit? Key points in this article: The Earned Income Tax Credit (ETIC) is a refundable tax break created…


Claiming Dependents On Taxes: What You Need To Know

Claiming Dependents On Taxes Article summary: A tax dependent is a qualifying child (or relative) that you can claim for tax deductions and credits on…


Earned Income Tax Credit (EITC): How To Qualify & File

Overview of the Earned Income Tax Credit (EITC) The Earned Income Tax Credit (EITC), also known as the Earned Income Credit (EIC), was established in…


IRS Code 766: What it Means on your Transcript

IRS Code 766 serves as a crucial guidepost in the realm of tax transcripts and credits. Understanding the implications of this code empowers taxpayers to…


How To Qualify for the $4000 Used EV Tax Credit

It's easy being green, especially when you get a tax credit for it. The time has come for you to buy a new vehicle, at…


The Credit for Employer-Provided Childcare Facilities

Providing Childcare For Your Employees? You may qualify for a huge credit The Credit for Employer-Provided Childcare Facilities is tax credit that encourages employers to…


Want Credit for Saving With Qualified Retirement Plan Contributions? Then Use Form 8880

You know those score multipliers in pinball? Saving for retirement is kinda like that. Are you looking to claim the Retirement Savings Contributions Credit, also…


How to Claim Premium Health Insurance Tax Credits

When it comes to navigating the complex world of tax credits, one area that often confuses individuals is the realm of health insurance tax credits.…