What is Statement Balance on Credit Card?

What is Statement Balance on Credit Card?

Your statement balance is the balance that is reported to you on your monthly credit card statement. Credit Card?’ style=”display:none”>Checkout this video: What is a statement balance? Your statement balance is the outstanding balance reported to you on your monthly credit card statement. It includes all transactions made during the billing period, as well as…

Earned Income Credit: What You Need to Know for 2018

Earned Income Credit: What You Need to Know for 2018

The Earned Income Credit , or EIC, is a tax credit for low- and moderate-income earners. To qualify for the credit, you must have earned income from wages, self-employment, or farming. The credit is based on your filing status and number of qualifying children. For 2018, the maximum credit is $6,444 for taxpayers with three…