What are the Earned Income Credit Qualifications?

The earned income credit is one of the most valuable credits for those with low or moderate incomes. To claim it you will need to file an income tax return, even if you don’t necessarily owe anything in taxes.

There are a number of qualifications involved. So, if you plan to claim the Earned Income Credit, here’s what you need to know.

What is the Earned Income Credit (EIC)?

The EIC is a type of tax credit available to taxpayers earning either a low or moderate salary.… Read the rest