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CONNOR REID
Actualizado
The Earned Income Tax Credit (EITC) is designed to help low- and moderate-income workers by providing them with a work credit that will cause a substantial reduction in their federal taxes or give them some money back during the season set aside for that purpose.
If you meet the following criteria, you may qualify for the EITC: Have worked and earned income of less than $57,414, have investment income of less than $10,000 in the 2021 tax year, have a valid Social Security number by the 2021 return due date (including extensions), be a U.S. citizen or resident alien all year, and not file Form 2555 (foreign earned income).
EITC, a major tax exemption
This Earned Income Tax Credit is a tax break through a reduction in taxes owed. The benefit translates into a refund that in 2025 began on January 27 and will end on April 15. And as mentioned above, this depends on having applied for it in the corresponding federal tax return, in particular Form 1040, U.S. Individual Income Tax Return.
How do I know if the payment will arrive?
If you applied for this refund in the early days of tax season, payment was expected before March 3 if you filed online, chose direct deposit and, finally, if the IRS found no problems with the return.
The IRS notes that payments could arrive after 21 days from the time the return is filed with the IRS, and to check the status of your tax return online.
In summary, the response time should be counted as follows: those who filed their return before February 12 should have already received the refund, if the IRS did not find inaccurate data. And from February 13, refunds began to be reflected from March 6 onwards.