Although one in five eligible families in the US fails to claim the Earned Income Tax Credit (EITC), this tax credit continues to significantly benefit millions of Americans with low to moderate incomes, even fifty years after its establishment. Understanding your marital, parental, or financial situation is essential for assessing your eligibility for this valuable tax support. While one can compare child-related tax benefits, those who are uncertain about their eligibility can utilize the EITC Assistant, an online resource designed to help verify their qualification.
Eligibility Criteria for New Assistance Available to US Families in 2025
In practical terms, workers whose income remains below the 2024 EITC eligibility limits must follow these basic guidelines. The first row indicates the number of children, followed by the income limits for single and married filers, outlined as follows:
- No children: $25,511 (single) / $18,591 (married)
- One child: $56,004 (single) / $49,084 (married)
- Two children: $55,768 (single) / $62,688 (married)
- Three or more children: $59,899 (single) / $66,819 (married)
The Employee Income Tax Benefit (EITC) is a tax credit that is linked to taxes and the Internal Revenue Service (IRS). Therefore, workers must file a tax return and claim the credit as part of that return. It can only be claimed this way. The IRS provides both electronic and paper filing options for tax returns on its website through its Free File services, which include software vendors approved by the IRS to assist with tax preparation and filing free of charge.
IRS Refunds May Soon Arrive in US Families’ Bank Accounts
Families in the US expecting a tax refund from the IRS in 2025 might soon receive some good news. Many taxpayers already have their Tax Return 2024 funds available due to the IRS’s ongoing efforts. However, some families may have to wait a few weeks for their payments, as many applications are still being processed. It is important to remember that the IRS stimulus check isn’t a regular payment to rely on for planning family finances.
In fact, there is no official schedule indicating the exact date when tax refunds will be issued. Instead, recipients of this IRS check will receive their funds on different dates. Consequently, while we can estimate the day of receipt, pinpointing the exact payment date on the calendar isn’t possible. Depending on when they file their taxes, individuals may receive their funds sooner or later. The following are the estimated dates for families in the US to receive their checks:
- January 27: direct deposit could arrive on February 17
- January 28: direct deposit could arrive on February 18
- January 29: direct deposit could arrive on February 19
- January 30: direct deposit could arrive on February 20
- January 31: direct deposit could arrive on February 21
- February 1: direct deposit could arrive on February 22
- February 2: direct deposit could arrive on February 23
- February 3: direct deposit could arrive on February 24
- February 4: direct deposit could arrive on February 25
- February 5: direct deposit could arrive on February 26
- February 6: direct deposit could arrive on February 27
- February 7: direct deposit could arrive on February 28
- February 8: direct deposit could arrive on March 1
- February 9: direct deposit could arrive on March 2
- February 10: direct deposit could arrive on March 3
- February 11: direct deposit could arrive on March 4
- February 12: direct deposit could arrive on March 5
- February 13: direct deposit could arrive on March 6
- February 14: direct deposit could arrive on March 7
- February 15: direct deposit could arrive on March 8
- February 16: direct deposit could arrive on March 9
- February 17: direct deposit could arrive on March 10
