The Earned Income Tax Credit (EITC) is a refundable federal tax credit for working people with low to moderate income and is worth up to $6,660. Use this EITC calculator to estimate your Earned Income Tax Credit for current and prior year returns. Gather your 2020 tax documents including W-2s, 1099s, and other income statements to fill-in the drop-down sections. Explanations for each question are provided below in the chart.
Earned Income Tax Credit (EITC) Calculator
Earned Income Credit (EIC) is a tax credit available to low income earners. In some cases the EIC can be greater than your total income tax bill, providing an income tax refund to families that may have little or no income tax withheld from their paychecks. Use this calculator see if you qualify for the Earned Income Credit, and if so, how much it might be worth to you and your family. This calculator creates estimated values for the current tax year.