The EITC is free money to those who have lower incomes and have earned income. This is a credit on your tax return. The maximum earned income qualification limits for Earned Income Tax Credit for the current tax year are:
| If Filing... | Zero Children | One Child | Two Children | Three Children |
|---|---|---|---|---|
| Single, HoH, Widowed | $17,640 | $46,560 | $52,918 | $56,838 |
| Married Joint | $24,210 | $53,120 | $59,478 | $63,398 |
| Maximum EITC Allowed | $600 | $3,995 | $6,604 | $7,430 |
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.
IMPORTANT! You must provide me two forms of identification for your qualifying children (Social Security card and birth certificate) if they are not already on file. I also need proof they lived with you for the majority of the tax year such as medical insurance cards, school records, medical/dental records, etc. I must keep copies of the records for three years as part of my due diligence.
This is the earnings from a job or self-employment income. Income such as Social Security, pensions, IRA distributions, interest or dividends are not earned income and do not qualify for the EITC.