The IRS just announced the 2027 Earned Income Tax Credit: up to $8,496 for families with three or more kids, up from $8,231 in 2026. Two kids get up to $7,552, one kid $4,573, and no kids $685 — and because the credit is refundable, the IRS still pays it even if you owe zero tax. But about one in five people who qualify never claim it, and these are 2027 numbers, so they apply to income earned in 2027 on the return filed in early 2028. Follow US Money Guide for daily money tips!
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Educational content, not financial advice.