Are you Eligible to claim the Earned Income Tax Credit?

"this credit could be as much as $ 5,657."

 

The Earned Income Tax Credit is a government credit that reserved for low income tax payers who have worked diligently to provide for themselves and their dependents.  It was established in 1975, and can only be claimed by eligible citizens when they file their income tax returns.  Depending on your adjusted gross income, marital status, and dependents, this credit could be as much as $ 5,657.

 

DelCoAD Group Volunteer Income Tax Assistance (VITA) sites are trained to recognize those taxpayers who are eligible for this credit, and help you receive it from the government free of charge.

 

To determine if you are eligible, consult the table below.  If you are not sure, don’t worry.  Your VITA tax preparer can determine your eligibility and the exact amount of your credit while you wait.

 

1 2 3

First, you must meet all the rules in this column.

Second, you must meet all       the rules in one of these columns, whichever applies.

Third, you must meet the rule in this column.

Rules for Everyone

Rules If You Have a Qualifying Child

Rules If You Do Not Have a Qualifying Child

Figuring the EITC Income Limit For You

   * You must have a valid social security number.

* Your child must meet the relationship, age, and residency tests

* You must be at least age 25 but under age 65.

My filing status is

Married filing jointly
Any eligible filing statuses except married filing jointly

And I have:


3 or more qualifying children
2 qualifying children
1 qualifying child
no qualifying children

 




   * Your filing status cannot be “Married filing separately.”

   * You must be a U.S. citizen or resident alien all year.

* You cannot be the dependent of another person.

   * You cannot file Form 2555 or Form 2555-EZ (relating to foreign earned income).

* Your qualifying child cannot be used by more than one person to claim the EIC

* You cannot be a qualifying child of another person.

* Your investment income must be $2,900 or less.

* You cannot be a qualifying child of another person. 

* You must have lived in the United States more than half of the year.

* You must have earned income