How to Claim EITC?

Answer The Earned Income Tax Credit, known as EITC or EIC, is a credit granted under the United States Internal Revenue Code to low- and middle-income taxpayers with dependent children. The EITC operates ... Read More »

Top Q&A For: How to Claim EITC

What is an EITC?

EITC stands for the earned income tax credit. The earned income tax credit is for a credit when an individual earns income over the year but does not earn enough money to meet a certain threshold. ... Read More »

Does a pension count toward EITC?

Pensions do not count as income under the earned income tax credit. The earned income tax credit is a credit against the taxes due for an individual. To be income under the earned income tax credit... Read More »

When was the earned tax credit EITC passed into law?

The earned income tax credit, or EITC, was passed in 1975 and is the largest federally funded assistance program to low income Americans. It was enacted as a temporary measure, but has since become... Read More »

How long are children eligible for the EITC?

Children qualify for the federal Earned Income Tax Credit (EITC) if they are younger than 19 years of age or 24 years of age if still a full-time student in a secondary or post-secondary school. Ch... Read More »