What is the Earned Income Tax Credit and How Do I Claim it?

The Earned Income Tax Credit is a tax credit for low to middle income wage earners that has lifted millions of people out of poverty, however many people still miss it. Why do so many people miss it? Many think they don’t make enough to file their taxes so they don’t claim it or their income changed but they are not aware they can qualify.

You have to file your taxes to get this tax credit, which may help a family with three children who qualify receive a credit worth up to $6,431. Families without children may qualify for a credit up to $519.