Earned Income Tax Credit (EITC)
- Listed: January 13, 2019 6:31 pm
- Expires: 997831 days, 18 hours
Description
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Program Description
The Earned Income Tax Credit (EITC), sometimes called EIC, is a tax credit for workers with low to moderate income. Eligibility for the tax credit is based on various factors including family size, filing status and income. When EITC exceeds the amount of taxes owed, it results in a tax refund to those who claim and qualify for the credit. The credit is subject to income limitations.
Program Requirements
To qualify for EITC you:
- Must have a Social Security number that is valid for employment
- Must have earned income from wages or running a business or a farm
- May have some investment income
- Generally must be a U.S. citizen or resident alien all year
- Cannot file as married filing separately
- Cannot be a qualifying child of another person
- Cannot file Form 2555 or 2555-EZ (related to foreign earned income)
Application Process
To claim EITC you must file a tax return, even if you do not owe any tax or are not required to file.
- If you have a qualifying child, you must file the Schedule EIC listing the children with either the Form 1040A or the Form 1040.
- If you do not have a qualifying child, you can use the Form 1040EZ.
Contact Information
More detailed information on the EITC requirements is posted on the Do I Qualify for EITC? page.
Get answers to common questions at t the EITC Questions and Answers page.
Use the online EITC Assistant to help determine if you are eligible.
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