It is the same thing. Earned Income Credit and Earned Income Tax Credit. If you qualify, it will be on your return on Line 17, 1040.
To qualify for
and claim the Earned Income Credit you must:
- Have earned
income; and
- Have been
a U.S. citizen or resident alien for the entire tax year; and
- Have a
valid Social Security number (not an ITIN) for yourself, your spouse (if
filing jointly), and any qualifying children on your return; and
- Not have
investment income exceeding $3,500; and
- Not be
filing a Form 2555 or 2555-EZ; and
- File a
return with the Single, Married Filing Jointly, Head of Household, or
Qualifying Widower filing status, even if you're not required to file a
return.
In addition, both your earned income and Adjusted Gross Income
(AGI) may not exceed:
- $15,270 if
you're not claiming a qualifying child ($20,950 if filing jointly);
- $40,320
if you're claiming 1 qualifying
child ($46010 if filing jointly);
- $45,802
if you're claiming 2 qualifying
children ($501492 if filing jointly);
- $49194
if you're claiming 3+ qualifying
children ($54884 if filing jointly).
One more thing – if you're not claiming a qualifying child:
You (or your jointly filing
spouse) must have been born on or after January 1, 1954; and
You (or your jointly filing
spouse) must have been born on or before December 31, 1993; and
You (and your jointly filing
spouse) cannot be claimed as a qualifying child or dependent on anyone else's
return
