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;
Also, your earned income cannot exceed:
- $14,880 with no Qualifying Children ($20,430 if married filing jointly)
- $39,296 with one Qualifying Child ($44,846 if married filing jointly)
- $44,648 with two Qualifying Children ($50,198 if married filing jointly)
- $47,955 with three or more Qualifying Children ($53,505 if married filing jointly)
TurboTax handles the behind-the-scenes calculations so you don't have to.
To visit the EIC section, search for EIC in your TurboTax program and then click the "Jump to" link in your search results. However, don't do this until after you've entered all your income and personal information – otherwise you'll get an incorrect EIC calculation.
For more information on EIC please click the link below
https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit
