- $48,340 ($53,930 married filing jointly) with three or more qualifying children
- $45,007 ($50,597 married filing jointly) with two qualifying children
- $39,617 $45,207 married filing jointly) with one qualifying child
- $15,010 ($20,600 married filing jointly) with no qualifying children
*Income cannot exceed above amounts for each category
You can also determine your EITC eligibility on the IRS website HERE
If you’re curious about how much of a credit you could receive, there’s a link for that! All you need is your income from 2017, number of children you’re claiming, and your filing status (married, single/head of household, etc.) and the EITC Estimator does the rest.
Claiming the EITC does NOT affect eligibility for other benefits such as SNAP (food stamps), SSI, Medicaid, cash assistance, or public housing and saving your tax refund does not count against federally-funded benefit program resource/asset limits for 12 months after the refund is received.
Most recent data from 2015 states that the EITC has lifted about 6.5 million people of out poverty (including about 3.3 million children) and provided tax credits to over 26 million working families and individuals who filed federal tax returns.
The EITC is one of several tax credit opportunities you could take advantage of this tax season. Our friends at Nerd Wallet have created an awesome post outlining the typical tax credits you may qualify for. Don’t allow the tax season to overwhelm you!
There is a wealth of information available to you via the web and around the community. For more information related to income tax issues, email us at MoneyMatters@pensacolastate.edu.
Here’s to a prosperous year and tax season!