TaxACT Tax Topics

The Earned Income Credit (EIC) is a tax credit for people who work but do not earn high incomes. For eligible taxpayers, EIC is a valuable tool to lower their taxes or to claim a refund.

There are qualifications that must be met to receive the EIC. The rules for EIC eligibility can be complicated, but TaxACT makes it easy. TaxACT walks you through the process, determining your eligibility for the EIC by asking a series of simple yes or no questions. If you qualify, TaxACT automatically calculates the earned income credit, adjusting your tax refund as you complete your return.

To determine your eligibility for the EIC using TaxACT:

Additional Information:

• IRS Tax Tip: The Earned Income Tax Credit

• IRS Fact Sheet: Do You Qualify for the Earned Income Tax Credit?

• Publication 596: Earned Income Credit (EIC)

• Notice 797: Possible Federal Tax Refund Due to the Earned Income Credit (EIC)