Earned Income Tax Credit (EIC)

Earned Income Tax Credit (EITC) (EIC)
What is Earned Income Credit?

The earned income credit (EIC) is a tax credit for certain people who work and have less than $53,267 (2015) of earned income. 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.

How do you get the earned income credit?

 To claim the EIC, you must:

  1. Qualify by meeting certain rules, and

  2. File a tax return, even if you:

    • ​Do not owe any tax,

    • Did not earn enough money to file a return, or

    • Did not have income taxes withheld from your pay