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Liz Weston: The tax credit fix many can't afford to miss

Families battered by the pandemic recession soon may discover that the tax refunds. ....

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How to qualify for the Earned Income Credit if you lost a job in 2020

Many lower-wage workers who are raising families bank on receiving a healthy, four-figure tax refund, probably their biggest single check of the year, when they claim the Earned Income Tax Credit on their income tax returns.
What happens if you were out of work much of 2020 during the pandemic? Are you suddenly shut out of the earned income credit, which, as the name implies, requires that you work and earn money? Will hundreds or even thousands of dollars disappear from your tax refund?
Millions of struggling families would have faced just that sort of financial nightmare this spring if not for an 11th-hour action by Congress late in December. ....

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New rule helps those who lost jobs in 2020 qualify for key tax credits

The latest COVID-19 economic relief package, signed by President Donald Trump on Dec. 27, created a special break for obtaining the earned income tax credit after the economic upheaval in 2020. ....

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Your 2020 tax returns: New rule helps those who lost jobs in 2020 qualify for key tax credits

Your 2020 tax returns: New rule helps those who lost jobs in 2020 qualify for tax credits
Susan Tompor, Detroit Free Press
© Mandi Wright, Detroit Free Press
Catherine Campbell, an engineer at Ford Motor, left, volunteers to help tax filers claim the federal Earned Income Tax Credit and state tax credits. Frederick Matthews brought his state tax documents to her at the Durfee Innovation Society in Detroit on Jan. 31, 2020.
Many lower-wage workers who are raising families bank on receiving a healthy, four-figure tax refund, probably their biggest single check of the year, when they claim the Earned Income Tax Credit on their income tax returns. ....

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A dive into the stimulus package's tax provisions

A dive into the stimulus package's tax provisions
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