Return to the Household Finances Forum | Post a Follow-Up

Do you qualify for the EITC?

Posted by juanital (My Page) on
Thu, Feb 1, 07 at 21:59

EITC-Earned Income Tax Credit...The IRS site has a EITC Assitant to see if you qualify...I copied and pasted this from IRS TAX TIPS that I subcribed to....
The IRS estimates 20 to 25% percent of people who qualify for the credit do not claim it....At the same time, there are millions of Americans who claim it in error, many do not understand the criteria... provides an interactive tool that removes the guesswork from eligibility rules...Answer a few questions about yourself, children, your living situation, your income to find out if you qualify and to estimate the amount of EITC..You'll see results of your responses right away...

The EITC is based on the amount of your earned income and whether or not there are qualifying children in your household. If you have children, they must meet the relationship, age and residency requirements. Additionally, you must file a tax return to claim the credit.

-You earned less than $12,120 ($14,120 if married filing jointly) and did not have an any qualifying children
-You earned less than $32,001 ($34,001 if married filing jointly) and have one qualifying child
-You earned less than $36,348 ($38,348 if married filing jointly) and have more than one qualifying child

I tried to keep this short but yet enough to see if you may be interested...They have have more info there...

Link provided to the EITC Assitant...

Here is a link that might be useful: EITC Assitant

Follow-Up Postings:

RE: Do you qualify for the EITC?

Thanks for the link. There is now more information on the IRS.Gov website available particularly for complex tax issues (like myself) that Intuit has no grasp on (real estate).

 o Post a Follow-Up

Please Note: Only registered members are able to post messages to this forum.

    If you are a member, please log in.

    If you aren't yet a member, join now!

Return to the Household Finances Forum

Information about Posting

  • You must be logged in to post a message. Once you are logged in, a posting window will appear at the bottom of the messages. If you are not a member, please register for an account.
  • Please review our Rules of Play before posting.
  • Posting is a two-step process. Once you have composed your message, you will be taken to the preview page. You will then have a chance to review your post, make changes and upload photos.
  • After posting your message, you may need to refresh the forum page in order to see it.
  • Before posting copyrighted material, please read about Copyright and Fair Use.
  • We have a strict no-advertising policy!
  • If you would like to practice posting or uploading photos, please visit our Test forum.
  • If you need assistance, please Contact Us and we will be happy to help.

Learn more about in-text links on this page here