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Tax Information for Low-Income Individuals and Families

Category: Tax Preparation
Author:
This check list is in the following categories:
This is helpful tax information for individuals and families who are at lower to mid-income levels.
This checklist discusses changes in the tax law and requirements to qualify for the Earned Income Tax Credit .
  • Earned Income Tax Credit (EITC) is available for all low-income individuals and families.
    To determine whether you qualify, you need to complete Schedule EIC.
  • Earned Income Tax Credit requirements
    • EITC is available for any filing status.
    • You need to have some earned income from employment.
    • You cannot be claimed as a dependent on another person's return.
    • If your income is very low, and you live with another person who has earned income, the IRS may question whether the person living with you has actually supported you all year and should be claiming you as a dependent.
  • You may be able to claim EITC if you do not have any children. EITC is claimed on up to 3 children.
    To claim Earned Income Credit with a dependent child, you must be able to show that over one-half of the child's support is supplied by your earned income. The value of child support and non-cash benefits must be included in the calculation and are not considered "earned income".
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