The credit they were talking about on the news is the Earned Income Tax Credit (EITC). TurboTax calculates the EITC automatically based on your income, filing status, and dependents.
If you have already filed, you can check for EITC on your Tax Return:
- 1040EZ line 8a
- 1040A line 42a
- 1040 line 66a
Check out the TurboTax FAQ below for more information about the EITC:
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