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IRS: "A Closer Look” at the Earned Income Tax Credit

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IRS Newswire February 17, 2022

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Issue Number: CL-2022-04

Inside This Issue

Today, the IRS published the latest executive column, “A Closer Look,” which features Gwen Garren, Director, Refundable Credits Program Management, providing an overview of the Earned Income Tax Credit (EITC) and its recent changes. “The EITC has been benefitting low- and moderate-income workers for 46 years, and many working families receive more money through EITC than they pay in federal income tax,” said Garren. “It gives us a great feeling to know our hard work results in people getting the money they are eligible for, and we’re committed to getting the job done as quickly as we can, even with current constraints related to the pandemic.” Read more here. Read the Spanish version here.

See more information in a recent news release on this topic.

A Closer Look” is a column from IRS executives that covers a variety of timely issues of interest to taxpayers and the tax community. It also provides a detailed look at key issues affecting everything from IRS operations and employees to issues involving taxpayers and tax professionals.

Check here for prior posts and new updates.

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