EITC Awareness Day is a one-day blitz in mainstream and social media to reach the broadest possible range of potentially-eligible taxpayers, including taxpayer segments we believe under claim the EITC, the (CTC/ACTC/ODC), and the AOTC.
When is EITC Awareness Day?
January 31, 2020.
What else should I know?
Nationwide during 2019, 25 million eligible workers and families received about $63 billion in EITC.
The average amount of EITC received nationwide was about $2,4761
EITC is for workers whose income does not exceed the following limits in 2019:
$50,162 ($55,952 married filing jointly) with three or more qualifying children
$46,703 ($52,493 married filing jointly) with two qualifying children
$41,094 ($46,884 married filing jointly) with one qualifying child
$15,570 ($21,370 married filing jointly) with no qualifying children
** Investment income must be $3,600 or less
Children must meet certain relationship, age, residency and joint return requirements to be a qualifying child. See if your child qualifies you for EITC; see “Qualifying Child Rules” on irs.gov or Publication 596.
Take the credit you’re due. The EITC credit ranges from:
$11 to $6,557 with three or more qualifying children
$10 to $5,828 with two qualifying children
$9 to $3,526 with one qualifying child
$2 to $529 with no qualifying children
About one-third of the EITC eligible population turns over each year, so check your EITC eligibility today at www.IRS.gov/eitc.