Qualifications to Prepare and E-file Federal Returns for the Earned Income Tax Credit (EITC)
The Commissioner of the Revenue's staff can only prepare and electronically file federal returns that qualify for the EITC. Beginning January 19, 2021, through October 15, 2022, the staff is limited to preparing the following:
FORMS: 1040
SCHEDULES: A, B, C (expenses of $35,000 or less), D, 2441, 8812, 8863
Limitations
Earned income and adjusted gross income (AGI) must each be less than:
- $51,464 ($57,414 if married filing jointly) with three or more qualifying children
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- $47,915 ($53,865 if married filing jointly) with two qualifying children
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- $42,158 ($48,108if married filing jointly) with one qualifying child
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Maximum Credit Amounts for Tax Year 2021:
- $6,728 with three or more qualifying children
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- $5,980 with two qualifying children
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- $3,618 with one qualifying child
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Investment income must be $10,000 or less for the year.