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WebFeb 14, 2024 · Confirmation of IRS. Newly qualified for the Earned Income Tax Benefit (EITC), an income tax credit that is aimed largely at lower and middle-income Americans. With this year’s EITC eligibility expansion by the IRS, young individuals without children are now able to receive a tax cut of up to almost $7,000. According to IRS regulations ... WebIf you bought a new, qualified plug-in electric vehicle (EV) in 2024 or before, you may be eligible for a clean vehicle tax credit up to $7,500 under Internal Revenue Code Section 30D. The credit equals: $2,917 for a vehicle with a battery capacity of … WebSep 1, 2024 · Once the refund is issued, your student loan balance will increase by the value of the refund. For example: Say you currently owe $7,000, after paying $2,000 during the moratorium. Once you... gun cleaning bench ideas