Are you Eligible for EITC?

• You may be eligible for Earned Income Tax Credit (EITC) if your earned income and adjusted gross income (AGI) are each less than:
  • $37,783 ($39,783 married filing jointly) with two or more qualifying children;
  • $33,241 ($35,241 married filing jointly) with one qualifying child;
  • $12,590 ($14,590 married filing jointly) with no qualifying children
  .
• Tax Year 2007 maximum credit:
  • $4,716 with two or more qualifying children;
  • $2,853 with one qualifying child;
  • $428 with no qualifying children.
• Investment income must be $2,900 or less for the year.

If you qualify for the EITC, you might also qualify for the Advance EITC (AEITC), which allows workers to receive part of their refund in their paychecks during the year. The maximum Advance Earned Income Tax Credit (AEITC) for TY 2007 the employer is allowed to provide throughout the year with the employee's pay is $1,712. Click here for more information on the Advance Earned Income Tax Credit