Earned Income Tax Credit

The government gives away a lot of money with the EITC (earned income tax credit), so if you don't make a lot, they give you money. 3 kids, low income can be max $7830!

To be eligible for the EITC in 2024, your earned income and adjusted gross income (AGI) must be below certain thresholds:

Additionally, your investment income must be $11,600 or less to qualify for the EITC in 2024.

Please note that these figures apply to the 2024 tax year, for which returns are typically filed in early 2025.

Seniors do not qualify.