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Latin Times
Latin Times
Maria Villarroel

What Is Earned Income Tax Credit and Who's Eligible in 2024?

As tax season approaches, learn more about your possible options, such as the Earned Income Tax Credit (EITC) (Credit: Unsplash)

NEW YORK -- As tax season rolls around every year, new waves of confusion seem to accompany. From how much money you should pay to the IRS to how much of those taxes you will eventually end up getting back, this time of the year is often filled with jargon and intricacies that one may not know, understand, or simply forget.

One of those things that is often forgotten each tax season is the earned income tax credit (EITC). In fact, according to the IRS, one in five taxpayers eligible for EITC don't end up claiming it.

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