IRS changes: More Americans eligible for Earned Income Tax Credit in 2022
Source: Douglas Sacha / Getty
According to NBC4i, The Internal Revenue Service says more people without children now qualify for a larger tax break.
The Earned Income Tax Credit is the federal government’s largest refundable tax credit for low- to moderate-income families. Those who qualify can reduce the amount of taxes they owe and get a bigger refund.
In years past, the credit was for eligible working families, but now the age bracket has expanded to include more lower-income workers with no children, according to the IRS.
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