The earned income tax credit (EIC or EITC) is for low- and moderate-income workers. See qualifications and credit amounts for 2024-2025.
The EITC can be a significant tax credit – worth as much as $7,830 for the 2024 tax year and $8,046 for the 2025 tax year. However, the credit amount varies significantly depending on tax filing status, number of qualifying children, and income earned. It is phased in and then phase...
What is the Earned Income Tax Credit? The EITC is a tax break available to eligible low- and middle-income workers. The amount you can claim depends on how much income you earn and how manyqualifying childrenyou have in your household, though you can still qualify if you don't have any...
The EIC or EITC Earned Income Tax Credit is a Tax Credit You Don't Want to Miss. Let eFile.com Calculate This Credit For You Online.
Earned income credit (EIC). The earned income tax credit (EIC) reduces the income tax that certain low-income taxpayers would otherwise owe. It's a refundable credit, so if the tax that's due is less than the amount of the credit, the difference is paid to the taxpayer as a refund....
Use this EIC Calculator to calculate your Earned Income Credit based on the number of qualifying children, total earned income, and filing status
Estimate your earned income tax credit for the current tax year with TaxAct's free calculator. Includes income limit tables & frequently asked questions.
对挣得的收入进行征税
What is the amount of credit? Your income and number of qualifying children will determine the actual amount of your credit. For tax year 2023, the maximum credits are as follows: $7,430 with three or more qualifying children $6,604 with two qualifying children ...
The earned income tax credit (EITC) is a tax break available to low- and moderate-income wage earners.