My EA told me that I may be eligible for an earned income tax credit. What is an earned income tax credit?
TaxConnections Members... Answer This Question
Want To be One of Our Tax Experts? Register Here
Tax Professional Answers
Telemika Greene
Earned income Tax credit is a refundable federal income tax credit for low to moderate income working individuals and families. Individuals may receive refunds more than what was withheld in federal with holding taxes from their wages. You can qualify for $475 with no qualifying children, $3,169 with one qualifying child, $5,236 with two qualifying children and $5,891 with three or more qualifying children.
Leave a Comment
578 weeks ago