The Earned Income Tax Credit - EITC
The Earned Income Tax Credit or EITC, is a refundable tax credit aimed at helping families with low to moderate earned income. If you work, let the EITC work for you! The Earned Income Tax Credit will reduce the taxes you owe and will even be refunded to you if you do not owe taxes on your return. The credit lifts over 6 million people (including over 3 million children) out of poverty each year.
Are you Single? No children? The EITC still might work for you. Check out our EICucator tool below to see if you qualify!
The "EICucator" or Earned Income Tax Credit Educator
Find out now if you qualify for the Earned Income Tax Credit by using the EICucator tool below. Simply answer the "Yes" or "No" questions until the EICucator provides you with your final answer! NOTE: The calculator for 2019 returns will be added here soon.
Can I Claim the Earned Income Tax Credit
For Tax Year 2018
Only about 80% of taxpayers who are eligible for the Earned Income Tax Credit claim it. Don't miss out on the money you deserve!
Find Out How Much Your Credit May Be
Use the tool below to help you determine how much your Earned Income Tax Credit may be. Enter your Filing Status, Number of Qualifying Children, and your AGI. Be aware that if you are Married Filing Separately, you will not qualify for the Earned Income Tax Credit. NOTE: The calculator for 2019 returns will be added here soon.
How to Claim the Earned Income Credit on Your Tax Return
Claiming the EITC is easy if you prepare your tax return on eFile.com! The online tax app will automatically determine if you qualify for the Earned Income Tax Credit. If you qualify, eFile.com will calculate the correct amount of your credit and fill out the right forms for you to claim it.
Once you have determined your EITC eligibility we suggest you use the FREE Tax Calculator, or "TaxStimator", to calculate and estimate your tax refund (or taxes owed) for the current tax year.
For Tax Year 2019, the EITC phases out entirely (is not available) for taxpayers with an adjusted gross income of:
- $15,570 with no Qualifying Children ($21,370 if married filing jointly)
- $41,094 with one Qualifying Child ($46,884 if married filing jointly)
- $46,703 with two Qualifying Children ($52,493 if married filing jointly)
- $50,162 with three or more Qualifying Children ($55,952 if married filing jointly)
For 2018, the maximum Earned Income Tax Credit per taxpayer is:
- $529 with no Qualifying Children
- $3,526 with one Qualifying Child
- $5,828 with two Qualifying Children
- $6,557 with three or more Qualifying Children