Earned Income Credit | ATG Accountants & AdvisorsEarned Income Credit | ATG Accountants & Advisors

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February 19, 2014

EITC, the Earned Income Tax Credit, sometimes called EIC is a tax credit to help you keep more of what you earned. It is a refundable federal income tax credit for low to moderate income working individuals and families. Congress originally approved the tax credit legislation in 1975 in part to offset the burden of social security taxes and to provide an incentive to work. When EITC exceeds the amount of taxes owed, it results in a tax refund to those who claim and qualify for the credit.

Do You Qualify for EITC?
Need Help Preparing Your Return?
Find information on EITC and other Public Benefits and Other Child-Related Tax Benefits
Other Resources and Tips for Claiming EITC
Resources and Tips if You Receive a Notice from IRS or are Audited
IRS Reports on EITC
Missing Children Link

Do You Qualify for EITC?

To qualify for EITC you must have earned income from employment, self-employment or another source and meet certain rules. Also, you must either meet the additional rules for workers without a qualifying child or have a child that meets all the qualifying child rules for you.

Earned Income

Find out more about what is earned income here.

EITC Rules for Everyone

Find out about the rules you and your spouse, if you file a joint return, must meet to claim EITC.

Qualifying Child Rules

If you and your spouse, if filing a joint return, meet the EITC rules for Everyone and you have a child who lives with you, you may be eligible for EITC. Your child must pass the relationship, age, residency, and joint return tests to be your qualifying child. All four tests must be met for each child you claim. Find the rules for a qualifying child for EITC here.

Rules for those Without a Qualifying Child

If you and your spouse, if filing a joint return, meet the EITC Rules for Everyone and you do not have a qualifying child, you may be eligible for EITC. Find the rules for those without a qualifying child here.

EITC Income Limits, Maximum Credit Amounts and Tax Law Updates

See the EITC Income Limits, Maximum Credit Amounts and Tax Law Updates for the current year, previous years and the upcoming year.

Special EITC Rules

Special EITC rules for members of the military, ministers, members of the clergy, those receiving disability benefits and those impacted by disasters. Read more about the special rules.

Disability and EITC

Many persons with disabilities or persons having children with disabilities qualify for the Earned Income Tax Credit or EITC. Find out more about Disability and EITC.

The earned income credit amounts will be temporarily increased for working families with three or more children. This increases the earned income tax credit to forty-five percent of the family’s first $12,570 of earned income for families with three or more children, and increases the beginning point of the phase-out range for all married couples filing a joint return (regardless of the number of children) by $1,880.

To qualify, you must meet certain requirements and file a tax return, even if you do not owe any tax or are not required to file.

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