Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that
If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track
The IRS estimates that about 1 in 5 people eligible for Earned Income Tax Credit never apply. This is very sad news, because those people could get back substantial refunds! Last year, over 26 million people received nearly $59 billion in EITC.So who exactly is getting all this money? Well, there are some special categories who can file for EITC, such as:
- members of the military
- members of the clergy
- people impacted by disasters
- individuals with disability benefits, or who have a child receiving disability benefits
However, these are just the special cases. In reality a lot more categories receive Earned Income Tax Credit, such as:
- Self-employed individuals
- People living in rural areas
- Recently divorced
- Grandparents raising their children
- Unemployed individuals or people whove experienced other changes to their marital, financial or parental status
Basicaly almost anyone whos income fits into this table bellow can file for Earned Income Tax Credit:Number of Qualifying ChildrenFor Single/Head of Household or Qualifying Widow(er), Income Must be Less ThanFor Married Filing Jointly, Income Must be Less ThanRange of EITCNo Child$13,660$18,740$2 to $464One Child$36,052$41,132$9 to $3,094Two Children$40,964$46,044$10 to $5,112Three or More Children$43,998$49,078$11 to $5,751(source EITC.irs.gov)Take divorce for example. We all know how divorce can cause a financial mess. If youre actually in financial distress due to your divorce proceedings, you might qualify for the Earned Income Tax Credit. And this is even if you dont have a child. It basically means you might qualify to get a bigger tax refund. Maybe the Earned Income Tax Credit can draw a silver lining over this unfortunate event. I know it may not be what you were looking for, but it is a silver lining! Last year individuals eligible for EITC got on average of 2000$ back, with $3.62 billion offered in total, in New York city alone!How much do you really know about the taxes you pay? If youre anything like most US citizens well... I bet taxes dont really float your boat! Starting January 15 you can apply for the Earned Income Tax Credit. If youve been in any financial distress the past year you might get even more of your money back. Not sure if you qualify? Email us at matilda@taxplangroup.com and well shed some light on the matter.
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