$632 IRS EITC Payment 2025 – Complete Guide to Refund Dates & Eligibility
What is the EITC (Earned Income Tax Credit)? The Earned Income Tax Credit (EITC) is a refundable tax credit in the U.S. aimed at helping low- to moderate-income workers and families. If your EITC is more than what you owe in taxes, you get the difference as a refund. The EITC is designed to boost the income of working Americans, especially those with children, encourage employment, and reduce poverty. The credit amount depends on earned income, filing status, and number …