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  2. Some taxpayers to get $1,400 payments for unclaimed stimulus ...

    www.aol.com/finance/taxpayers-1-400-payments...

    You must file a 2021 tax return to receive the recovery rebate credit, even if you otherwise weren’t required to do so. File your 2021 tax return by April 15, 2025, to claim the credit. Visit ...

  3. Child tax credit (United States) - Wikipedia

    en.wikipedia.org/wiki/Child_tax_credit_(United...

    The child tax credit—especially the fully-refundable 2021 expanded child tax credit—significantly reduces child poverty. [3] According to the Center on Budget and Policy Priorities, in 2018 the CTC, in conjunction with the earned income tax credit (EITC), lifted 5.5 million children above the poverty line. [20]

  4. IRS plans to pay 1 million taxpayers up to $1,400. Here's how ...

    www.aol.com/irs-plans-pay-1-million-192327433.html

    The Recovery Rebate Credit is a refundable tax credit ... are only going to taxpayers who qualify for the 2021 Recovery Rebate Credit — particularly individuals who filed a 2021 tax return but ...

  5. IRS sending out $2.4 billion worth of stimulus checks: Are ...

    www.aol.com/irs-sending-2-4-billion-183615644.html

    The IRS announced eligible U.S. taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return are in ... The Recovery Rebate Credit is a "refundable credit for individuals who ...

  6. Tax credit - Wikipedia

    en.wikipedia.org/wiki/Tax_credit

    Home Accessibility Tax Credit: A non-refundable tax credit to help with the cost of making a person's home accessible. [20] Medical Expense Tax Credit: A non-refundable tax credit that a person can claim for themselves, their spouse or common-law partner, or other dependants, including their children or their spouse's or common law's children. [21]

  7. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    Tax credit equals $0.34 for each dollar of earned income for income up to $10,540. For income between $10,540 and $19,330, the tax credit is a constant "plateau" at $3,584. For income between $19,330 and $41,765, the tax credit decreases by $0.1598 for each dollar earned over $19,330. For income over $41,765, the tax credit is zero. [37]

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