The Earned Income Tax Credit (EITC) helps low- to moderate-income workers and families get a tax break. If you qualify, you can use the credit to reduce the taxes you owe – and maybe increase your refund.

To claim the Earned Income Tax Credit (EITC), you must have what qualifies as earned income and meet certain adjusted gross income (AGI) and credit limits for the current, previous and upcoming tax years. Use the EITC tables to look up maximum credit amounts by tax year.

Find if you qualify for the Earned Income Tax Credit (EITC) with or without qualifying children or relatives on your tax return.

12 hours ago · The mother ended up getting $3,500 in a tax refund last year, thanks to the earned income tax credit and the child tax credit, Perkins said. "That is absolutely life-changing for a mother right on ...

Prepare accurate tax returns for people who claim certain tax credits, such as the: Earned Income Tax Credit (EITC) - Helps low- to moderate-income workers and families get a tax break. Child Tax Credit/Credit for Other Dependents (CTC)/(ODC) – Provides a tax benefit for families with a qualifying dependent child and families with dependents ...

4 days ago · Join us for Awareness Day on Friday, January 31, 2025 Join us in making the 19th annual EITC Awareness Day as successful as last year’s. EITC Awareness Day marks the kick-off of a nationwide multilingual communication effort intended to increase awareness of EITC eligibility, encourage participation, and emphasize the filing of accurate returns.

Earned Income Tax Credit (EITC) Assistant. The Earned Income Tax Credit (EITC) helps low-to-moderate income workers and families get a tax break. Answer some questions to see if you qualify.

Jan 11, 2025 · See the earned income, investment income, and adjusted gross income (AGI) limits, as well as the maximum credit amounts for the current, previous and upcoming tax years.

13 hours ago · For tax year 2024, you may be eligible with "earned income" or wages from working of $59,899 or less for single filers and $66,819 for married couples filing jointly, according to the IRS.

The EIC is a tax credit for certain people who work and have earned income under $66,819. A tax credit usually means more money in your pocket. It reduces the amount of tax you owe. The EIC may also give you a refund.