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Level 1
March 12, 2026
Solved

I'm not sure but I heard there was a tax credit for low income people such as myself

  • March 12, 2026
  • 1 reply
  • 3 views
I would be a federal tax break towards low income people such as myself
Best answer by LaShaunA3

Expert Reviewed

Yes, there's a federal tax credit designed for low- to moderate-income individuals called the Earned Income Tax Credit (EITC). It’s a refundable credit, which means it can reduce your tax to zero and you may receive a refund even if you don’t owe any tax based on your personal circumstances.

 

The EITC is based on your earned income, filing status, and number of qualifying children (if any), and there are income limits to qualify. This credit is automatically calculated by TurboTax as you put in your income and personal details. 


 

To learn more about the EITC, see the following articles,


 

What are the qualifications for the Earned Income Credit (EIC or EITC)?

What is the Earned Income Tax Credit (EITC)?

1 reply

LaShaunA3
LaShaunA3Answer
Level 6
March 12, 2026

Expert Reviewed

Yes, there's a federal tax credit designed for low- to moderate-income individuals called the Earned Income Tax Credit (EITC). It’s a refundable credit, which means it can reduce your tax to zero and you may receive a refund even if you don’t owe any tax based on your personal circumstances.

 

The EITC is based on your earned income, filing status, and number of qualifying children (if any), and there are income limits to qualify. This credit is automatically calculated by TurboTax as you put in your income and personal details. 


 

To learn more about the EITC, see the following articles,


 

What are the qualifications for the Earned Income Credit (EIC or EITC)?

What is the Earned Income Tax Credit (EITC)?

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