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Version du 11 novembre 2024 à 09:08
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Families which might be considered for you to become poor or low income are given assistance through earned income credit, or EIC. The EIC is often a tax credit that helps such families with low earnings to see a better standard of just living. An EIC can translate in tax refund of cover anything from $400 and $4,500. Piece of content will explain how you can figure out if you are entitled for the EIC.
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If you claim 5 personal exemptions, your taxable income is reduced another $15 thousand to $23,500. Your income tax bill is gonna be approximately three thousand dollars.
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