Top 9 Tips For Earned Income Credit Eligibility
The Earned Income Tax Credit is a financial boost for workers earning $49,078 or less in 2011. Four of five eligible taxpayers filed for and received their EITC last year. The IRS wants you to get what you earned also, if you are eligible.
2011 Earned Income Credit Publication 596
2011 Earned Income Credit (EIC) Publication 596
2011 EIC Chart
The 2011 Earned Income Credit (EIC) chart / table
EIC Changes: Preview of Tax Year 2010
EIC or EITC is a refundable tax credit, meaning you can get money back even if you owe no federal income tax or had no tax withheld. And, if you owe tax, it can offset the amount you must pay. Below is a preview of the new 2010 earning limits and maximum amounts.
A Qualifying Child For The EIC Is
A qualifying child for the EIC is a child who is your…
Son, daughter, stepchild, foster child, brother, sister, stepbrother, stepsister, or a descendant of any of them (for example, your grandchild, niece, or nephew)
AND…
Earned Income Credit Changes For 2008
Here are the changes to the Earned Income Credit for 2008. The maximum amount of the Earned Income Credit (EIC) has increased. The most you can get is: $2,917 if you have one qualifying child $4,824 if you have more than one qualifying child or $438 if you do not have a qualifying child. The [...]
IRS EITC Awareness
The IRS, the Department of Treasury and other non-government partners are kicking off EITC (Earned Income Credit) Awareness to promote the refundable tax credit for low-wage workers with children. “Believe it or not, there are many taxpayers who are eligible to receive the Earned Income Credit, but fail to claim it simply because they are [...]
