The Earned Income Tax Credit, or EITC or EIC, is a refundable tax credit for low- and moderate-income workers.
| 2021 Earned Income Tax Credit (for taxes due 2022) (for taxes due in 2022) | |||
| Number of Children | Maximum earned income tax credit | Maximum income, single or head of household taxpayers | Maximum earnings, joint taxpayers |
| 0 | $1,502 | $21,430 | $27,830 |
| 1 | $3,618 | $42,158 | $48,108 |
| 2 | $5,908 | $47,915 | $53,865 |
| 3 or more | $6,728 | $51,464 | $57,414 |
REQUIREMENTS:
- Must have at least $1 of earned income (pensions and unemployment do not count).
- Your investment income should be
- $3,650 or less. Beginning in 2021 (projection to 2022), that amount will increase to $10,000.
- If you are separated but still married. To do so, you cannot file a joint tax return and your child must live with you for more than half the year. In addition, you must not have lived with your spouse for the last six months or you must have a separation agreement or decree.
- You do not have to file Form 2555, Foreign Earned Income; or Form 2555-EZ, Foreign Earned Income Exclusion .
Additional EITC Information:
In 2021, the social work income credit will be between $1,502 and $6,728, depending on filing status, income, and number of children. Individuals without children may qualify.
EITC for Puerto Rico residents:
Workers with qualifying children who have low to moderate incomes may be eligible to claim the earned income tax credit (EITC) if certain qualifying rules apply to them.
You may qualify for the EITC even if you cannot claim children on your tax return. Find out how to claim the EITC without a qualifying child.
Basic qualifying requirements
In order to qualify for the EITC, you must:
- Show proof of accrued income.
- Have investment income of less than $3,650 in the tax year in which the credit is claimed.
- Have a valid Social Security number.
- Claiming a marital status for purposes of the given declaration.
- Be a U.S. citizen or resident alien for the entire year.
EITC Open Space Information: https://espaciosabiertos.org/en/credito-por-trabajo/