What is the Earned Income Tax Credit?

The Earned Income Tax Credit (EITC) has been around since 1975 helping low to moderate income individuals and families reduce their tax liability. Qualifying individuals can receive a tax credit that off sets the taxes owed to the IRS and may result in a refund. 

The EIC is available for all working people but greatly benefits those with children. The IRS has published maximum table limits you can receive for the EIC depending on the number of children you have or not.  EIC Table.