The earned income tax credit (EITC) is an incentive to work for low to moderate income individuals and families.
The earned income credit is refundable, which means that even if you don’t owe any taxes, you can still get a refund.
The maximum 2012 income (earned income and adjustable gross income) for the IRS EITC is as follows:
In addition, you must have a SSN and be a U.S. citizen or resident alien all year to claim the 2012 EITC credit.
More information on EITC tax is available in Publication 596.
To calculate the amount of your earned income credit, use the 2012 tax calculator.
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