IRS Reminds Americans When to Expect Earned Income Tax Credit Refunds

Taxpayers with qualifying children are eligible for up to $7,830 in credits for tax year 2024.

The IRS building in Washington on March 25, 2024. Madalina Vasiliu/The Epoch Times

Americans who filed their tax returns and claimed the Earned Income Tax Credit (EITC) should expect to receive these refunds next month, according to the IRS.

Most refunds for EITC and Additional Child Tax Credit (ACTC) “should be available in bank accounts or on debit cards by March 3 if there are no issues with a taxpayer’s return and they chose to receive their refund by direct deposit,” the agency said in a Jan. 31 statement.