SpaceGo LIVE: MoneyTalksNews Legislation Could Make a Tax Credit Worth up to $8
Showing posts with label MoneyTalksNews Legislation Could Make a Tax Credit Worth up to $8. Show all posts
Showing posts with label MoneyTalksNews Legislation Could Make a Tax Credit Worth up to $8. Show all posts

Tuesday, June 10, 2025

Legislation Could Make a Tax Credit Worth up to $8,046 Harder to Claim Legislation Could Make a Tax Credit Worth up to $8,046 Harder to Claim

Unhappy couple preparing their taxes
adriaticfoto / Shutterstock.com

Working families who count on one of the federal government’s most valuable tax breaks might face new hurdles if Senate Republicans approve changes tucked inside President Donald Trump’s sweeping budget bill. The earned income tax credit (EITC), which can put thousands of dollars back in the pockets of low- and moderate-income workers, could become significantly harder to claim under provisions…

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