What is the Earned Income Tax Credit?

It is a refundable tax credit for lower income working families and individuals. The amount of credit varies depending on your income level and how many dependents you have.

• $6,143 with three or more qualifying children
• $5,460 with two qualifying children
• $3,304 with one qualifying child
• $496 with no qualifying children

• $46,997 ($52,427 married filing jointly) with three or more qualifying children
• $43,756 ($49,186 married filing jointly) with two qualifying children
• 38,511 ($43,941 married filing jointly) with one qualifying child
• $14,590 ($20,020 married filing jointly) with no qualifying children

The investment income must be $3,350 or less for the year.

Resource

• EITC Home Page Find out if you qualify for EITC