i was inquiring about a tax credit for low income individuals called EITC
Inquireing about tax credit ETIC and irs. gov/individuals?
OK, what about it?
People with 2 kids filing a joint return can get something for EITC with income up to a little over $38K. That%26#039;s the highest limit - for one or no kids, or single or head of household, limits are lower. If you are married and file separate returns, you aren%26#039;t eligible for EITC at all.
The amount of the credit can be as much as $4536 or as low as a couple dollars - depends on filing status, income and number of kids (up to 2 - you don%26#039;t get extra EITC money for more than 2 kids). The EITC is a refundable credit, which means that if you are eligible, you get it even if you don%26#039;t owe any taxes.
If you have other, specific questions, post again and somebody will answer.
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