Earned Income Tax Credit (EITC)

You can claim the earned income tax credit as a tax refund if you earned $57,414 or less last year.

For the 2021 tax year (taxes filed in 2022), the earned income credit ranges from $1,502 to $6,728 depending on your filing status and how many children you claim on your tax return.

The law allows taxpayers to use either their 2020 income or 2021 income to calculate their EITC. Taxpayers may choose whichever amount gives them a larger credit. Taxpayers need to file a tax return to claim the EITC. By law, the IRS cannot issue refunds to taxpayers claiming EITC until mid-February.