IRS Earned Income Tax Credit, Form 8867 & Letter 4989
January 10, 2014
Tax credits and deductions are helpful in minimizing U.S. taxpayers’ tax burden. In order to claim these deductions/credits, the Internal Revenue Service (IRS) expects taxpayers to fulfill requirements to prevent individuals from taking advantage of the credit. However, the IRS has noticed negligence when claiming deductions such as the Earned Income Tax Credit (EITC), which...