The Earned Income Tax Credit (EITC) is designed to benefit working people and families with low to moderate incomes. Administered by the IRS, the EITC provides a refundable tax credit based on earned income and the number of qualifying children in a household. Eligibility is determined by income level, filing status, and the presence of qualifying children, with specific thresholds set for different family sizes.

Thirty-one states (California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, Utah, Vermont, Virginia, Washington, and Wisconsin), the District of Columbia, Guam, and Puerto Rico have their own EITCs.

More information about the EITC