EIC Credit

EITC, the Earned Income Tax Credit, also known as EIC is a tax credit for low income taxpayers.  Congress originally approved the tax credit legislation in 1975 in part to offset the burden of social security taxes and to provide an incentive to work.

Federal Maximum EIC Credit
Year No Children 1 Child 2 Children 3 or More Children
2015 $503 $3359 $5548 $6242

To claim the EITC on your tax return, you must meet all of the following rules:

  • Must have a valid Social Security Number
  • You must have earned income from employment or from self-employment.
  • Your filing status cannot be Married Filing Separately (MFS)
  • You must be a U.S. citizen or resident alien all year, or a nonresident alien married to a U.S. citizen or resident alien and filing a joint return.
  • You cannot be a qualifying child of another person.

If you do not have a qualifying child, you must:

  • be age 25 but under 65 at the end of the year,
  • live in the United States for more than half the year, and
  • not qualify as a dependent of another person
  • Cannot file Form 2555 or 2555-EZ (related to foreign earn income)

You must meet these EITC Income Limits in order to qualify for the EIC Credit.   The maximum EIC amount for taxpayer is $503 for tax year 2015.  For taxpayer with 1 child, the maximum EIC amount is $3,359.  For taxpayer with 2 children, the maximum EIC amount is $5,548.  For 3 or more children, the maximum EIC credit is $5,242 for tax year 2015 (Filing in 2016).

Alabama EIC Credit Louisiana EIC Credit Oklahoma EIC Credit
Alaska EIC Credit Maine EIC Credit Oregon EIC Credit
Arizona EIC Credit Maryland EIC Credit Pennsylvania EIC Credit
Arkansas EIC Credit Massachusetts EIC Credit Rhode Island EIC Credit
California EIC Credit Michigan EIC Credit South Carolina EIC Credit
Colorado EIC Credit Minnesota EIC Credit South Dakota EIC Credit
Connecticut EIC Credit Mississippi EIC Credit Tennessee EIC Credit
Delaware EIC Credit Missouri EIC Credit Texas EIC Credit
District of Columbia Montana EIC Credit U.S. Territories EIC Credit
Florida EIC Credit Nebraska EIC Credit Utah EIC Credit
Georgia EIC Credit Nevada EIC Credit Vermont EIC Credit
Hawaii EIC Credit New Jersey EIC Credit Virginia EIC Credit
Idaho EIC Credit New Mexico EIC Credit Washington EIC Credit
Illinois EIC Credit New York EIC Credit West Virginia EIC Credit
Indiana EIC Credit North Carolina EIC Credit Wisconsin EIC Credit
Iowa EIC Credit North Dakota EIC Credit Wyoming EIC Credit
Kansas EIC Credit New Hampshire EIC Credit
Kentucky EIC Credit Ohio EIC Credit