Many qualifying workers miss out on Earned Income Tax Credit

In this economy, every dollar counts — and so does a tax credit worth up to $5,657.

January 29 was designated by the Internal Revenue Service (IRS) as Earned Income Tax Credit Awareness Day. More than 534,000 Virginia taxpayers took advantage of the Earned Income Tax Credit (EITC) and received more than $1 billion in refunds for the 2008 tax year.

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