How Black Families Can Save Money Claiming Earned Income Tax Credit and Child Tax Credit
By Jeroslyn Johnson
(Excerpt)
Millions of American taxpayers qualify for the expanded tax credits announced in December. The maximum credit available to workers without dependent children was increased from $543 to $1,502, according to Clasp.org. The expansion is estimated to provide income support to over 17 million people who bring in low-level earnings of $9,820 to $11,610 or $17,550 for married taxpayers filing jointly.
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