topic Working parent tax break in Retirement tax questions

Working parent tax break

drayray35 — Wed, 11 Feb 2026 07:21:08 GMT

what is the name of the tax break that turbo tax said to file with the irs

Re: Working parent tax break

xmasbaby0 — Tue, 16 Apr 2024 22:13:18 GMT

There is no federal credit called a "working parent tax break." There are several child-related credits which are based on your income from working --- such as earned income credit, childcare credit, and additional child tax credit.

https://ttlc.intuit.com/questions/1899157-what-are-the-qualifications-for-the-earned-income-credit-eic-or-eitc

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant

https://ttlc.intuit.com/questions/1900643-what-is-the-child-and-dependent-care-credit

https://ttlc.intuit.com/questions/1900923-what-is-the-child-tax-credit

https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/additional-child-tax-credit/L6xFeMFEf_US_en_US?uid=lqnuygah

https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-for-other-dependents

Re: Working parent tax break

SharonD007 — Tue, 16 Apr 2024 22:15:53 GMT

If you are referring to the Earned Income Tax Credit (EITC), the eligibility requirements are below:

For 2023, the EITC is based on the income you earned working in 2023, not your AGI. ‌See the link “What is earned income?” to determine what's included in your earned income. You indicate that your gross income is $91,561 which exceeds the criteria for earned income if that amount is your earned income.

In addition to having earned income, you must meet other criteria to qualify for the EIC:

Be a U.S. citizen or resident alien for the entire year
Have a valid Social Security number for yourself, your spouse (if Married Filing Jointly), and any children that qualify you on your tax return
Not file Form 2555 or 2555-EZ (Foreign Earned Income)
Meet certain rules if you are married but are separated from your spouse and filing separate tax returns
Have investment income below $11,000
Your income must be less than $63,398 (depending on your filing status and number of qualifying children).
If you don’t have dependents, be over 25 and under 65.
Not qualify as a dependent for another taxpayer.

For more information, review the TurboTax article What is the Earned Income Credit? Find Out If You Qualify

@drayray35