Earned Income Tax Credit (EITC)

Earned Income Tax Credit (EITC)

The Earned Income Tax Credit or the EITC is a refundable federal income tax credit for low to moderate income working individuals and families. Congress originally approved the tax credit legislation in 1975 in part to offset the burden of social security taxes and to provide an incentive to work. When EITC exceeds the amount of taxes owed, it results in a tax refund to those who claim and qualify for the credit.

To qualify, taxpayers must meet certain requirements and file a tax return, even if they do not have a filing requirement.

CAPAI’s role in the EITC program

CAPAI has been participating in a grant program that has helped to fund programs that support and encourage the use of EITC within three regions within the State of Idaho. The regions are Northern Idaho, Eastern Idaho and Western Idaho. For more detail information on the program please click on the following links.

Basic Rules of Earned Income Tax Credits

EITC Income Limits, Maximum Credit Amounts and Tax Law Updates

File your federal and up to three state returns for FREE!! This resource is available to households who earned less than $62,000 in 2015.