Earned Income Tax Credit (EITC) Eligibility

Low- to moderate-income workers may be eligible for the Earned Income Tax Credit (EITC).

The Earned Income Tax Credit (EITC) is the federal government’s largest refundable tax credit for low- to moderate-income workers. Almost a third of those who qualify for the EITC became eligible for the first time this year due to changes in their marital, parental, or financial status and may not realize they’re eligible.

People who earned $63,398 or less in 2023 may be eligible for this valuable tax credit.

Other workers at risk for overlooking the EITC include those:

• Living in non-traditional homes, such as a grandparent raising a grandchild

• Whose earnings declined or whose marital or parental status changed

• Without children

• With limited English skills

• Who are veterans

• Living in rural areas

• Who are Native Americans

• With earnings below the filing requirement

Taxpayers can check their eligibility and how much they qualify for at IRS.gov/eitc.

The EITC is a tax credit for certain people who work and have low to moderate income. A tax credit usually reduces tax owed and may also result in a refund.

For tax year 2023, the EITC is as much as:

• $7,430 for a family with three or more children.

• $600 for taxpayers who don’t have a qualifying child.

To get the EITC, qualified workers must file a tax return and claim the credit. Eligible taxpayers should file a tax return to claim the credit even if their earnings were below the income requirement to file.