Earned Income Tax Credit (EITC) Information
The Earned Income Tax Credit (EITC) sometimes called the Earned Income Credit (EIC), is a refundable federal income tax credit for low-income working individuals and families. Congress originally approved the tax credit legislation in 1975 in part to offset the burden of social security taxes and to provide an incentive to work. When the EITC exceeds the amount of taxes owed, it results in a tax refund to those who claim and qualify for the credit.
The EITC has no effect on most public benefits. In most cases, EITC payments will not be used to determine eligibility for Medicaid, Supplemental Security Income (SSI), food stamps, low-income housing or most Temporary Assistance for Needy Families (TANF) payments.
Claim your Earned Income Tax Credit and have your returned prepared and e-filed for FREE at one of our local tax sites. To qualify, taxpayers must meet certain requirements and file a tax return, even if they did not earn enough money to be obligated to file a tax return.
Where to go for free tax prep
- In-person tax preparation site locations (For anyone earning less than $52,000)
- Free online filing (For anyone earning less than $57,000)
- Your spouse, if filing jointly
- Valid picture I.D.
- Social Security card(s) for you, your spouse, children, and any others shown on the tax return (or ITNs)
- A copy of last year’s tax return is helpful but not required
- Copies of ALL W-2s, 1098s, 1099s, Social Security statement, and the amount of other income received by you, and your spouse if applicable
- Form 8332 for non-custodial parent claiming child
- Child/Dependent Care provider’s tax number, if applicable
- Student loan interest/college tuition expenses paid
- For direct deposit, bring bank account number and routing transit number – a copy of a voided check
- Additional documentation to claim possible tax credits
Do you qualify for the EITC?
Earned Income and adjusted gross income (AGI) must each be less than:
$46,227 ($51,567 married filing jointly) with three or more qualifying children
$43,038 ($48.378 married filing jointly) with two qualifying children
$37,870 ($43,210 married filing jointly) with one qualifying child
$14,340 ($19,680 married filing jointly) with no qualifying children
Tax Year 2013 maximum credit:
$6,044 with three or more qualifying children
$5,372 with two qualifying children
$3,250 with one qualifying child
$487 with no qualifying children
Investment income must be $3,300 or less for the year.