Individual Federal Income Tax
Information about Free Filing Resources, Filing Deadline, Filing Requirements, Taxpayers Rights and Responsibilities, Federal Tax Credits, Taxable Income and the Tax Reform Act among other topics
The Earned Income Tax Credit, EITC or EIC, is a credit that can be claimed by working people with low to moderate income. In order to qualify, you must file a tax return and meet certain requirements. If you qualify, the EITC reduces the amount of tax you owe or may increase your refund.
You’re self-employed if you operate a trade, business or profession, either by yourself or as a partner. You report your earnings for Social Security when you file your federal income tax return. If your net earnings are $400 or more in a year, you must report your earnings on Schedule SE, in addition to the other tax forms you must file.