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Version du 31 octobre 2024 à 14:47
Families which have been considered pertaining to being poor or low income are given assistance through the earned income credit, or EIC. The EIC is often a tax credit that helps such families with low earnings acquire a better standard of living. An EIC can translate in to a tax refund of somewhere between $400 and $4,500. This article will let you know that you can figure out if you are eligible for the EIC.
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Julie's total exclusion is $94,079. In her American expat tax return she also gets declare a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. value-added tax.
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