Jackson Hewitt® Warns Taxpayers that Unemployment Could Affect Eligibility for the Earned Income Tax Credit
The tax services company provides tips about the valuable tax credit on EITC Awareness Day
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JERSEY CITY, N.J., Jan. 21, 2021 /PRNewswire/ To increase eligibility awareness of one of the most overlooked tax credits, the Earned Income Tax Credit (EITC), Jackson Hewitt Tax Service® is participating in this year s EITC Awareness Day, on January 29, 2021.
The EITC is one of the largest tax credits, valued at up to $6,660 for qualifying taxpayers with three or more children. Jackson Hewitt wants taxpayers to know that their EITC eligibility could be affected if they were unemployed or had significant employment changes during 2020.
/PRNewswire/ The 2020 tax year was unparalleled in many ways, which will likely surprise taxpayers who don t plan ahead, according to tax experts at Jackson.