Can you get tax credits for self employed work?

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1139898

2026-07-20 18:10

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Yes, self-employed individuals can qualify for various tax credits, depending on their circumstances. Common credits include the Earned Income Tax Credit (EITC) and the Health Coverage Tax Credit. Additionally, self-employed individuals can deduct business expenses, which can reduce taxable income and potentially increase the benefits of available credits. It's advisable to consult a tax professional to navigate specific eligibility and maximize potential savings.

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