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Deductions & credits
After I completed the questions my results state that I am qualified for EIC. Should I reload my program or ask for updates or complete my taxes online?
Your ResultsNext Steps: How to file for the EITC
Based on the information you provided, you are eligible for the Earned Income Tax Credit estimated amount of: $3,584*
This credit amount will reduce your 2020 taxes when you file your tax return with the IRS. If the credit reduces your tax to less than zero, you may get a refund.
In order to receive the estimated amount of $3,584*, you must file your 2020 federal tax return. If you claim the EITC, by law the IRS cannot issue your tax refund before mid-February 2021, even the portion that is not associated with the EITC.
ā€ˇFebruary 11, 2021
11:58 AM