The earned income tax credit (EIC or EITC) is for low- and moderate-income workers. See qualifications and credit amounts for 2024 and 2025. Many, or all, of the products featured on this page are ...

To reclaim a denied EITC, you must include the Form 8862, titled 'Information to Claim Certain Credits After Disallowance,' with your tax return.

The Earned Income Tax Credit (EITC) is a federal tax credit designed to benefit low- to moderate-income individuals and families. This credit can provide refunds of up to $8,000 for those who qualify.

While you are more likely to be audited if you claim the EITC, the audit rate is still less than 2%. In 2018, 36% of audits, or around 380,000, were of filers who claimed the credit. Here are some ...

The EITC is aimed at taxpayers with low income, both with and without children. For filers claiming children, the child must be under the age of 19, or under 24 if they are a student.

In 2022, the average EITC amount received was about $2,541. While more than 20 million American workers and families received a total of $57 billion through the credit in 2022, ...

The December 2022 issue of Health Affairs features a collection of papers on the topic, “The Health and Policy Implications of Building Income Supports for Low-Income Families with Young ...