Earned Income Tax Credit (EITC)
Individuals receiving Social Security Administration benefits receive free assistance in understanding the incentives that are available for those who want to work and become self supporting.
EITC Assistant: http://www.irs.gov/Individuals/Earned-Income-Tax-Credit-(EITC)-–--Use-the-EITC-Assistant-to-Find-Out-if-You-Should-Claim-it.
2015 Tax Year Earned Income and adjusted gross income (AGI) must each be less than:
Rules for Qualification:
1. Have a Social Security Number that is valid for employment
2. Have earned income from working for someone, running or owning a business or farm or another source
3. Cannot file as married filing separate
4. Must be:
Individuals receiving Social Security Administration benefits receive free assistance in understanding the incentives that are available for those who want to work and become self supporting.
EITC Assistant: http://www.irs.gov/Individuals/Earned-Income-Tax-Credit-(EITC)-–--Use-the-EITC-Assistant-to-Find-Out-if-You-Should-Claim-it.
2015 Tax Year Earned Income and adjusted gross income (AGI) must each be less than:
- $47,747 ($53,267 married filing jointly) with three or more qualifying children
- $44,454 ($49,974 married filing jointly) with two qualifying children
- $39,131 ($44,651 married filing jointly) with one qualifying child
- $14,820 ($20,330 married filing jointly) with no qualifying children
Rules for Qualification:
1. Have a Social Security Number that is valid for employment
2. Have earned income from working for someone, running or owning a business or farm or another source
3. Cannot file as married filing separate
4. Must be:
- a U.S. citizen or resident alien all year or
- a nonresident alien married to a U.S. citizen or resident alien, file a joint return and choose to be treated as a resident alien (for more information on making this choice, see Publication 519, U.S. Tax Guide for Aliens).