What is the income limit for claiming the earned income tax credit?

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The Earned Income Tax Credit (EITC) is one way the federal government reimburses low-income families.

However, you must meet the income requirements.

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What is the income limit?

The IRS encourages people to see if they qualify for the tax benefit. The credit amount has been extended for 2022. Learn more here.

The maximum amount of investment income you can receive while still being eligible for the EITC is $10,000. The limit will be updated with inflation after 2021.

Married but separated spouses have the option of being considered as single to receive the ETIC. The spouse claiming the credit cannot jointly file to qualify. They must have one eligible child living with them for more than half the year. There are a few options:

  • do not share a primary residence with your home for at least the last 6 months of the year
  • are legally separated under state laws with documents and are not living with their spouse at the end of the year the ETIC is claimed. Taxpayers must submit Schedule EIC-Form 1040 and verify married but file separately with an eligible child.

Even if the child does not have an SSN, single parents and couples with children can claim the credit.

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