Do I qualify for the Earned Income Credit?

The Earned Income Tax Credit (EITC) is meant to help low to moderate income households lower their taxes and possibly increase their refund. Earned income includes taxable income from your W-2, your 1099 as an independent contractor or gig worker, self-employment or any business you own.

To qualify for this credit, you need:

Below is the EITC table for the tax year 2023

There is an investment income limit of $11,000 or less.

Note: Claiming this credit may cause your refund to be delayed. By law, the IRS must wait until mid-February to issue refunds to taxpayers who claim the Earned Income Tax Credit. 

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