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Eligibility
The federal Earned
Income Tax Credit is a program for working families.
A qualified family with 2 or more children can receive up to $4,536.
An individual worker could be eligible for a tax credit up to $412.
You may
be eligible for the federal Earned Income Tax Credit and free income
tax preparation if:
- you have children and earned less than $38,348 in 2006
- you do not have children and earned less than $14,120 in 2006
Eligibility varies according
to family size and marital status. To determine if you qualify
for the federal Earned Income Tax Credit, see the chart below or
ask an IRS-certified volunteer when you visit one of the free tax
preparation locations.
| |
Single/Head
Of Household |
|
Married Filing
Jointly |
|
| |
max. credit |
max. income |
max. credit |
max. income |
| no
children |
$412 |
$12,120 |
$412 |
$14,120 |
| 1
qualifying child |
$2,747 |
$32,001 |
$2,747 |
$34,001 |
| 2
qualifying children |
$4,536 |
$36,348 |
$4,536 |
$38,348 |
*Investment Income Limit
= $2,800
**The Advance Earned
Income Tax Credit for Tax year 2006 maximum credit the employer
is allowed to provide throughout the year with the employees pay
is $1,648.
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