Learn about claiming the Earned Income Tax Credit, and help spread the word!

January 17, 2017

The Earned Income Tax Credit (EITC) puts money in the hands of hard-working taxpayers and can be a significant financial boost for individuals, their families, and local communities. It can return as much as $6,269 to families earning less than $53,505.

IRS esti­mates that only four of five eligible workers claim and get their EITC. The one-fifth eligible worker could be you, your neighbor, co-worker, or cousin.

Make sure you know your own status, and then help spread the word so others know about EITC and how to get more information.

Why we need your help

EITC is not automatic. To get EITC, eligible workers must file a federal income tax return (even if they are not oth­erwise required to file) and they must specifically claim the credit – so it’s important that eligible taxpayers know that they are eligible, and how to claim it.

More about the EITC

You can also move in and out of EITC eligibility from year-to-year based on your tax filing status, the number of qualifying children you can claim, and your financial situation. Every year, approximately one-third of taxpayers qualifying for EITC are newly eligible.

The IRS has an EITC Assistant tool that can help you determine if you are eligible by asking a series of simple questions in English or Spanish. It has been updated for the 2016 tax year.

Also, when checking eligibility for EITC, don’t overlook other tax credits related to family and dependents that you might qualify for.

EITC Awareness Day – January 27, 2017

Friday, January 27 is EITC Awareness Day! Groups engaged in financial literacy and tax education around the country will work together to raise awareness of EITC by holding events and sharing information.

Keep an eye out in your community for events, or share information about our page on claiming the EITC with others who want to learn more about EITC.

EITC is there to help you, your family, and your community – please spread the word!

EITC related changes you need to know about - before filing this year

The Protecting Americans from Tax Hikes Act of 2015 (PATH) made several changes for claiming this credit. One major one is that refunds will be delayed if the return is filed prior to February 15, 2017. For more information about this topic, see our article titled, Important News: Some 2016 refunds won’t be released until after February 15.

For information about other changes and help with claiming this credit for 2016, see our article titled Claiming the EITC page.