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Earned Income Tax Credit (EITC)

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What is EITC (Earned Income Tax Credit)?

EITC is a tax credit for people who worked in 2011 but who had modest earnings.

EITC can reduce or eliminate your income taxes and could earn you a tax refund...as much as $7,000! Even if you made very little money, it may be worth your while to file.

Who qualifies for EITC?

You must have worked full- or part-time in 2011.

If you are unmarried, you must have income less than:

  • $13,660 for childless workers between the ages of 25 and 65
  • $36,052 for workers with one qualifying child
  • $40,964 for workers with two or more qualifying children
  • $43,998 for workers with three or more qualifying children

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    If you are married, you must have income less than:

  • $18,740 for childless workers between the ages of 25 and 65
  • $41,132 for workers with one qualifying child
  • $46,044 for workers with two or more qualifying children
  • $49,078 for workers with three or more qualifying children

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    What is the maximum credit?

  • $5,751 with three or more qualifying children + NYS EITC funds
  • $5,112 with two qualifying children + NYS EITC funds
  • $3,094 with one qualifying child + NYS EITC funds
  • $464 with no qualifying children + NYS EITC funds

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