What Isit: Earned Income Tax Credit Lifts Millions Out Of Poverty – There Are The Guidelines For This Important Tax Credit

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The Earned Income Tax Credit is a crucial tax benefit available for low to moderate income earners.

Earning less than the dollar amounts in the table above, you must have a valid Social Security Number, work for pay, and your filing status can’t be married filing separately to qualify for the EITC. Here are the guidelines for this important tax credit. Normally, I know it’s also very important to those with larger families and relatively low or moderate incomes. So, those are typically not problems for people eligible for the EITC, there’re other requirements including USA citizenship/resident alien status and limitations on investment and foreign income.

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