During last year’s tax filing season, more than 27 million American families were refunded in excess of $62 billion by taking advantage of the Earned Income Tax Credit, or the Earned Income Credit (EITC or EIC). However, each year, millions of families fail to take advantage of billions of dollars in EITC refunds that they are eligible to receive. If your family is considered low-income or medium-income by the Internal Revenue Service (IRS), your family may be losing out on potential tax refund dollars.
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