Our goal is to help you maximize your refund. We do this by taking advantage of all the credits and deductions available to you. Here are a few that could make a big difference on your tax refund. We offer income tax preparation service Wyoming MI.
Child Tax Credit
Beginning with Tax Year 2018, you may able to claim the Child Tax Credit if you have a qualifying child under the age of 17 and meet other qualifications. The maximum amount per qualifying child is $2,000. Up to $1,400 of the credit can be refundable for each qualifying child as the Additional Child Tax Credit. As part of our tax service we can use this refundable tax credit. Its great because it may give you a refund even if you don’t owe any tax.
Credit for Other Dependents
Dependents who can’t be claimed for the Child Tax Credit may still qualify you for the Credit for Other Dependents. This is a non-refundable tax credit of up to $500 per qualifying person.
The Earned Income Tax Credit:
Great credit designed as benefit for working people with low to moderate income. To qualify, you must meet certain requirements and file a tax return, even if you do not owe any tax or are not required to file. EITC reduces the amount of tax you owe and may give you a larger refund. EZ INCOME TAX Service can help you determine if you qualify for this credit. If you are not sure which credits you may qualify for come talk to us and insure your income tax preparation in Wyoming MI is made easier.
EZ INCOME TAX is local company offering affordable income tax service when you need it the most in the Wyoming MI area.
Tax preparation service Wyoming, Michigan.
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