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Earned Income Credit

New York’s families have been working hard – get them the tax credits they deserve!

For Families in New York: Whether or  not they own income tax, they could get  thousands of dollars in tax credits

The Earned Income Tax Credit or the EITC is a refundable federal income tax credit for low to moderate income working individuals and families.  To qualify, taxpayers must meet certain requirements and file a tax return, even if they did not earn enough money to be obligated to file a tax return.

Earned Income Tax Credit (EITC) Home Page on the IRS.gov website, makes it easier than ever to find out if you qualify for EITC.

Child and Dependent Care Credit is available to people who, in order to work or to look for work, must pay for child care for dependents under the age of 13. The credit is also available to those who pay for the care of a spouse or a dependent of any age who is physically or mentally incapable of self care. The credit is a percentage, based on your 

Child Tax Credit may help to reduce the federal income tax owed by up to $1,000 for each qualifying child under the age of 17. A qualifying child is one who is claimed as your dependent; was under the age of 17 at the end of the year; is your son, daughter, adopted child, grandchild, stepchild or eligible foster child, your sibling, stepsibling or their descendant and is a U.S. citizen or resident alien. The credit is limited if your modified adjusted gross income is above a certain amount. The amount as which the phase-out begins depends on your filing status.