For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying child. That figure increases to $6,960 for two kids and up to $7,830 for ...
To claim this tax break, you must file a Form 1040, U.S. Individual Income Tax Return, or Form 1040-SR, if you are an older adult. If you are claiming a qualifying child, you must also file a Schedule ...