Who Qualifies for the Earned Income Tax Credit? | |||
|
Video Credit: TurboTax - Duration: 01:20s - Published < > Embed
 Who Qualifies for the Earned Income Tax Credit?Who qualifies for the Earned Income Tax Credit (EITC)? The EITC is a tax credit for working people with low to moderate income that can significantly reduce your taxes or increase your refund - if you qualify. Watch this TurboTax Support video to learn more about qualifying for the Earned Income Tax Credit. |
| 0 shares | |
The Earned Income Tax Credit is one type of credit that can increase your refund or reduce the amount of taxes you owe.
It's for working people with low to moderate income that meet certain qualifications.
To get the Earned Income Tax Credit, both your earned income and adjusted gross income can't exceed a certain amount, depending on the number of children you claim and your filing status.
You must also, have earned income, be a U.S. citizen or resident alien, have a valid Social Security number for everyone on your return, have less than a certain amount of investment income, not file your return as married filing separately, and not file a Form 2555 or 2555-EZ.
If you aren't claiming any children, there are a few more rules.
You or your jointly filing spouse must be between 25 and 65 years old, and you can't be claimed as a child or dependent on anyone else's return.
It's a lot of stipulations for one credit, but luckily TurboTax will do all the calculations for you.
After you tell us about yourself and enter your income, we'll determine if you qualify and how much credit you'll receive.
For more answers to your questions, visit turbotax.com/support
 Mitchell Tulloch Not everyone qualifies for earned income credit. Your income has to be at or below a certain income limit and it al… https://t.co/dhQAXZpxk0 1 day ago Mitchell Tulloch Not everyone qualifies for earned income credit. Your income has to be at or below a certain income limit and it al… https://t.co/QthfgMbpVJ 1 day ago  Respite Until Policy Changes 🛒🏘fair wage🏨🏦🏛 “The earned income tax credit (EITC) further complicates the situation for lower-income working couples with childr… https://t.co/HKkgffb20l 3 days ago Mitchell Tulloch Not everyone qualifies for earned income credit. Your income has to be at or below a certain income limit and it al… https://t.co/dQIhrvbXIL 4 days ago Mitchell Tulloch Not everyone qualifies for earned income credit. Your income has to be at or below a certain income limit and it al… https://t.co/Nx1zqKdVCN 4 days ago Mitchell Tulloch Not everyone qualifies for earned income credit. Your income has to be at or below a certain income limit and it al… https://t.co/uRarKj7J4V 5 days ago  RRCC Get ahead with a cash-back refund worth up to $6,500! Find out if your family qualifies for the Earned Income Tax C… https://t.co/7qn2xN0Ykw 6 days ago  UHY Advisors Mid-Atlantic Did you know? The EITC is the federal government's most substantial refundable federal income tax credit for low- t… https://t.co/stBmd6NSqZ 1 week ago |