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What is the EIC?

The earned income credit (EIC) is a tax credit for certain people who work and have earned income under $35,458. A tax credit usually means more money in your pocket. It reduces the amount of tax you owe. The EIC may also give you a refund. 

Not sure if you qualify for the EIC tax credit? No problem, our intelligent software will automatically figure and calculate your EIC for you!

What's New

Earned income amount is more.   The maximum amount of income you can earn and still get the credit has increased. You may be able to take the credit if:
  • You have more than one qualifying child and you earned less than $35,263 ($37,263 for married filing jointly),
  • You have one qualifying child and you earned less than $31,030 ($33,030 for married filing jointly), or
  • You do not have a qualifying child and you earned less than $11,750 ($13,750 for married filing jointly).

 

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