The earned income credit is going up again in 2027. The IRS confirmed on November 5, 2026 that the maximum credit will be $8,496 for families with three or more children, up from $8,231 this year. For a worker with no children, the top credit rises to $685. That is real money, and it works … Read more
EITC Child Tax Credit 2027: The IRS just raised the two credits that matter most to working families. For tax year 2027, the maximum Earned Income Tax Credit climbs to $8,496 for families with three or more children, and the Child Tax Credit rises to $2,300 per child. Both increases were announced November 5, 2026, … Read more
The IRS has released the tax numbers for 2027, and the headline is a bigger standard deduction. For tax year 2027, the standard deduction rises to $16,600 for single filers, $33,200 for married couples filing jointly, and $24,925 for heads of household. The IRS published the figures on November 5, 2026, in news release IR-2026-133 … Read more