Single parents with zero qualifying children can receive $632 in EITC if their adjusted income is $18951.
Several factors affect whether an application gets the tax credit. This includes how early a person claimed the EITC. Another consideration is whether the claimant applied for EITC online or offline.
Maximum income invested in 2023 was $11,000. An individual earned $11,600 in 2024 as their maximum income investment.
US Individual Income Tax Return Form 1040 or Form 1040-SR for Seniors can be used to file the EITC. A recipient filing the EITC with an eligible kid can also file under Schedule EIC (Form 1040 or 1040-SR).
Applicants can claim the EITC using Form 1040, while dependents use Schedule EIC. A social security number is needed to claim the EITC.