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The EITC is a special federal tax credit for working families with a return up to $4,824. The Earned Income Tax Credit (EITC) is for working families with incomes less than $41,646. If you are eligible, you may receive money back from the Internal Revenue Service (IRS) even if you don't owe taxes - but you must file a tax return.
You may also qualify for the Child Tax Credit (CTC), a federal tax credit worth up to $1,000 per child. You may qualify for the CTC if you have an earned income above $12,050 and you can claim at least one dependent child under age 17.
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