What is the Earned Income Tax Credit (EITC)? 

Each year, the IRS says one in five eligible taxpayers fail to claim one of
the most tax credits available: the Earned Income Tax Credit (also
known as the EITC). In this informative video, Mark Steber (Jackson
Hewitt’s Chief Tax Information Officer) breaks down everything
taxpayers need to know before filing their 2023 federal income tax
return.
Here's what we cover in this video:
00:37 What the Earned Income Tax Credit (ETIC) is
2:19 How much the EITC is worth for tax year 2023
2:53 How to qualify for the ETIC
3:37 Understanding what income counts to qualify for the EITC
4:23 What type of income doesn’t count for the EITC
4:57 If the credit is automatically included in your return
5:27 How to claim the EITC
5:57 Other commonly asked questions for the Earned Income Tax credit
Don’t get overwhelmed. Watch this video and you’ll gain the knowledge
and strategies you need before you file your tax return this year.
Read more about the Earned Income Tax Credit here: www.jacksonhewitt.com/tax-hel...
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