We're a whole month into the new year, so it's good for Americans to know about a potential financial boost from the IRS - the Earned Income Tax Credit (EITC). This benefit gives eligible people extra money they don't have to repay, making it a little easier to manage everyday expenses.
The EITC can also lower the amount of taxes you owe, possibly to zero. However, whether you can get this credit, and how much you might receive, depends on your income, the size of your family, and other factors.
Check out: What's New with Tax Returns in 2025 for US Citizens
If you're unsure if you qualify for the EITC, the IRS has clear guidelines to check. You can also ask for advice directly from an IRS office or tax professional.
Who Can Receive the Earned Income Tax Credit?
Not everyone will be eligible for the EITC; it's mainly for people with lower incomes. Your eligibility and the amount you might receive depend on your income and whether you are filing your taxes alone or with a spouse.
Here are the income limits for the EITC:
- Filing Alone:
- No children: $18,591
- 1 child: $49,084
- 2 children: $55,768
- 3 or more children: $59,899
Filing as a Couple:
- No children: $25,511
- 1 child: $56,004
- 2 children: $62,688
- 3 or more children: $66,819
The maximum amount you can receive from the EITC is $7,830, but the exact amount varies depending on your specific situation and family size.
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Related reading: $2,000 Child Tax Credit: How It Will Impact Your 2025 IRS Tax Return
