Earned Income Credit (EIC) is a tax credit for taxpayers who work and have
earned income less than the following limits:
- Three or more qualifying children: $43,352 ($48,362 if MFJ)
- Two qualifying children: $40,363 ($45,373 if MFJ)
- One qualifying child: $35,535 ($40,545 if MFJ)
- No qualifying children: $13,460 ($18,470 if MFJ)
A
qualifying child under Earned Income Credit must meet the following requirements.
- Relationship – must be a son, daughter, stepchild, foster child or descendant of any of them.
Note: child does not have to be your dependent
- Residency – child must live with you in the United States for more than half the year. Special circumstances such as school and business do not count against this requirement.
- Age – must be either (1) under age 19 years old at the end of the year; (2) under age 24 and a full-time student; or (3) totally and permanently disabled at any time during the year.
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