How many dependents get an earned income credit?

Answer Through 2008, the maximum amount of children you can claim earned income credit for is two. However, for the 2009 tax season the federal government will allow a third qualifying child for the earne... Read More »

Top Q&A For: How many dependents get an earned income credit

Does sick pay qualify as income for the earned income credit?

Sick pay does fall under earned income. The Internal Revenue Service allows two ways to make earned income: either someone you work for pays you or you work in your own business, so sick pay would ... Read More »

Is there a minimum income to file for earned income credit?

There are no minimum income level requirements to file for the earned income credit. According to the Internal Revenue Service (IRS), several rules are in place regarding earned income tax credit e... Read More »

Income Requirements for Claiming the Earned Income Tax Credit?

The Earned Income Tax Credit (EITC) is a federal income tax credit for low- to moderate-income individuals or families. The size of the credit is governed by the amount of income and the number of ... Read More »

Differences Between the Child Tax Credit & Earned Income Credit?

The federal government offers child tax and earned income credits (EIC) as an anti-poverty measure for working families earning low or moderate yearly incomes. Both credits work to relieve the tax ... Read More »