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.

One of the most appealing aspects of the EITC is its potential to be refundable. This means that if the credit amount exceeds the taxes owed, the taxpayer receives the difference as a refund.

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 ...

The earned income tax credit, or EITC, is a tax break that can help low- to moderate-income working families save thousands at tax time. Whether you can claim, however, depends on your filing ...

The earned income tax credit (EIC or EITC) is for low- and moderate-income workers. See qualifications and credit amounts for 2024 and 2025. Many, or all, of the products featured on this page are ...

Low- and moderate-income workers and households have the opportunity to help themselves with the Earned Income Tax Credit ...

The Earned Income Tax Credit was designed to help low- to moderate-income working individuals and families, but many don’t ...

It is important to note that if you claimed either the EITC or additional child tax credit, the IRS cannot issue your refund before mid-February. This means the IRS will hold the entire refund and ...

Pay the claims, plus interest. File Form 8862 when claiming the credit again in the future. In some cases, the IRS may bar you from claiming the EITC for two to 10 ...

Here’s What You Need to Know If you haven’t filed your 2021 federal income tax return, you could be leaving hundreds or even ...

meaning taxpayers can now file and pay their tax returns with the Internal Revenue Service. The deadline for federal returns is set to April 15 nationwide. The Earned Income Tax Credit (EITC) is a ...