Federal Possible Federal Tax Refund Due to the Earned Income Credit (EIC)
Extracted from PDF file 2022-federal-notice-797.pdf, last modified November 2022
Possible Federal Tax Refund Due to the Earned Income Credit (EIC)Department of the Treasury Internal Revenue Service Notice 797 (Rev. December 2022) Possible Federal Tax Refund Due to the Earned Income Credit (EIC) What Is the EIC? The EIC is a refundable tax credit for certain workers. What Is the Purpose of This Notice? Your employer sent you this notice to make you aware of an important federal tax benefit. Even if you had no income tax withheld from your wages during the year, you may be eligible for the EIC. How Much Is the EIC? For 2022, the EIC can be as much as $3,733 if you have one qualifying child who has a valid SSN; $6,164 if you have two qualifying children who have valid SSNs; $6,935 if you have three or more qualifying children who have valid SSNs; and $560 if you have no qualifying children who have a valid SSN. How Do You Claim the EIC? To claim the EIC, you must: 1. Be eligible for the EIC, and 2. File a 2022 tax return (including Schedule EIC if you have a qualifying child). To figure out if you are eligible, see Pub. 596 or visit IRS.gov/EITC. If eligible, you can claim the EIC to get a refund even if you had no tax withheld from your pay or owe no tax. For example, if you had no tax withheld in 2022 and owe no tax but are eligible for a credit of $800, you must file a 2022 income tax return to get the $800 refund. Most people qualify for free tax preparation. If you earned less than $73,000, you can file for free online at IRS.gov/FreeFile. In addition, IRS-certified volunteers can prepare your return for free in person if you earned less than $60,000 or are age 60 or older. To find locations, visit IRS.gov/VITA or call 800-906-9887. More Information Refer to instructions for the tax return you are filing, Pub. 596, or IRS.gov/EITC for details on the EIC. You can download IRS forms and publications at IRS.gov/Forms, and you can get printed copies mailed to you by going to IRS.gov/OrderForms or by calling 800-829-3676. Notice 797 (Rev. 12-2022) Cat. No. 63924Z
Notice 797 (Rev. December 2022)
More about the Federal Notice 797 Individual Income Tax TY 2022
This IRS document notifies employees of their potential to receive a Federal tax refund via the Earned Income Tax Credit (EIC), a refundable tax credit available for certain workers.
The back of IRS Form W-2 includes information about the EIC. If Form W-2 is required to be delivered to an employee, but is not provided on time, the employer MUST deliver the employee (in person or by mail) a copy of Notice 797 by the date Form W-2 is required to be given.
Note that while posting Notice 797 in a common area is not sufficient to meet IRS delivery requirements, it is recommended to help inform employees of this tax credit availability.
We last updated the Possible Federal Tax Refund Due to the Earned Income Credit (EIC) in December 2022, so this is the latest version of Notice 797, fully updated for tax year 2022. You can download or print current or past-year PDFs of Notice 797 directly from TaxFormFinder. You can print other Federal tax forms here.
Other Federal Individual Income Tax Forms:
|Form Code||Form Name|
|W-4P||Withholding Certificate for Pension or Annuity Payments|
|Publication 17||Your Federal Income Tax Guide|
|W-4||Employee’s Withholding Allowance Certificate|
|Publication 554||Tax Guide for Seniors|
|1040 (Schedule E)||Supplemental Income and Loss|
The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal Notice 797 from the Internal Revenue Service in December 2022.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
While we do our best to keep our list of Federal Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.