OCC Promotes 2025 Earned Income Tax Credit Awareness Day — 2025-01-31

WASHINGTON—To help increase familiarity with the Earned Income Tax Credit (EITC), the Office of the Comptroller of the Currency is joining other agencies in promoting January 31 as EITC Awareness Day. This year marks the 50th anniversary of the EITC and its positive impact on America’s working families. The EITC is a refundable federal income tax credit for low- to moderate-income households. The EITC can reduce the amount of taxes owed on a worker’s earned income and, in some cases, increase the worker’s refund. Millions of workers may be eligible for EITC for the first time based on changes to their financial situation or their marital or parental status. Families with children may receive a refund of up to $7,830.