Also known as the earned income credit (EIC), the amount you get depends on your income, filing status, and the number of qualifying children. It’s also a refundable credit, meaning you can get ...

Read on to learn more about how this tax benefit works and the credit amounts available depending on your filing status, number of children, and income level. The earned income tax credit or EITC ...

The amount of credit that can be claimed on a tax return depends on the taxpayer’s annual earned income for the tax year, filing status, and number of qualified dependents. If you qualify for ...

“Earned income” is all the taxable income ... A “qualifying child” must have a valid social security number and cannot be claimed by more than one person on a tax return.

If you aren’t eligible for the earned income tax credit, or EITC, it means you make too much money to get it. If you are eligible for it, it means you can get a significant tax break.

The Earned Income Tax Credit (EITC) is a tiered tax credit based on your income, tax filing status, and number of dependents, among other factors. Here are some key takeaways to help you decipher ...