What It Is
The Earned Income Tax Credit (EITC) is the nation’s largest resource for working families at the lower end of the income scale. If you are eligible to claim it, it can mean a return of up to $4,700 from the federal government. Even if you don’t earn enough to owe income taxes, you may get a refund if you qualify for the EITC. There is no limit to the number of times you can claim an EITC; you can claim one every year that you qualify. Families with a permanent and totally disabled child will always qualify for an EITC, if they meet other program requirements.
2007 Tax Year EITC income Requirements
Number of
Qualifying Children |
Single |
Married |
| 2 |
$37,783 |
$39,783 |
| 1 |
$33,241 |
$35,241 |
| 0 |
$12,590 |
$14,590 |
• Be a U.S. Citizen or Legal Permanent Resident
• Have Earned Income in 2006
• Have a valid Social Security Number
• Not Qualify as a Dependent for another taxpayer
• Investment Income must be less than $2,800 (if applicable)
• If the number of qualifying children is 0, must be 25 years or older
Are You Eligible?
Toll-Free:, 1-800-829-1040
Hours of Operation:
Monday – Friday, 7:00 a.m. – 10:00 p.m. your local time (Alaska & Hawaii follow Pacific Time)
Website: http://www.irs.gov/newsroom/article/0,,id=106429,00.html
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