Earned Income Tax Credit Calculator for 2013

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Tax software will help taxpayers quickly determine if they qualify for the earned income tax credit and will easily prepare and file their taxes for free.

Many low income families will be hoping that they are eligible for the earned income tax credit as it can either help to pay off their taxes or ensure that they get a refund should their credit be bigger than the amount they owe. The refunds can be used to settle bills, buy groceries, plan holidays or many other things depending on the amount of credit received and the needs of the family. The amount of tax credit a family will receive is determined by the number of dependent they support and their level of income. A free tax calculator can now help them easily estimate their earned income tax credit.

Taxpayers who would like to quickly determine if they are eligible for the earned income tax credit can use the EITC calculator at http://www.claimtheearnedincomecredit.com/earned-income-calculator. If they qualify for a huge tax refund they will have to file a tax return to claim the tax credit.

The EITC calculator will require taxpayers to fill in their filing status, state of residence, the approximate amount of income they earned in a particular year and how many qualifying children they have. After which the calculator will quickly give an estimate of the amount of tax credit they should get.

There is a strong need for working low income families to maximize and utilize the earned income tax credit. The average tax refund for the year 2012 was put at $2200 and workers who do not apply for the tax credit are leaving money at the table. Working low income families can quickly and easily estimate their EITC now using the EITC free calculator. Knowing that they are getting the biggest refund possible by receiving every tax credit they qualify for, working taxpayers can now prepare and file their tax returns immediately.

For more information about the EITC calculator, interested taxpayers should visit http://www.claimtheearnedincomecredit.com/earned-income-calculator/

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