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Earned Income Tax Credit (EITC)
Program Description
FAQs
Pitfalls
Resources
Work Opportunity Tax Credit (WOTC)
On the Job
Earned Income Tax Credit (EITC)
Program:
Federal tax credit for families and individuals.
Benefit:
Reduces the amount of federal income tax owed by $438 – $4,824.
Eligibility:
Must have earned income and meet other eligibility requirements.
Participancy:
For low to moderate income workers and families.
FAQs
Frequent Pitfalls
Next Steps: Resources
What is the Earned Income Tax Credit (EITC)?
Is the Earned Income Tax Credit (EITC) known by any other name?
How often can I claim an EITC?
What are the eligibility requirements for an Earned Income Tax Credit (EITC)?
Can I use my EITC in an Individual Development Account (IDA) or a Plan for Achieving Self Support (PASS)?
More FAQs...
Can’t be above adjusted gross income limits
Some earned income required
Age requirements
Qualifying children must meet criteria and can only be claimed once
Married couples must file a joint return
More Pitfalls...
EITC Resources
Employment and Employment Policy Resources
Community Based Organizations
Finding a Benefits Planner
More Resources...
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