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Video instructions and help with filling out and completing 2021 form schedule eic
Hi I'm Rex for attacks calm when you file schedule EIC you're claiming one or more qualifying children up to three different children a qualifying child meets the following requirements lives with you for over half the year is under the age of 19 at the end of the year 24 if considered a full-time student does not file a joint return is either your son daughter sibling step sibling or legal foster child a child can only be claimed by one tax payer if a child is eligible to be claimed by more than one person the IRS must employ a tiebreaker rule the EITC amount increases with the addition of each qualifying child but maxes at a total of three the Earned Income limit that taxpayers can make in 2021 is up to fifty three thousand nine hundred and thirty dollars the credit can result in up to six thousand three hundred eighteen dollars for three qualifying children the credit decreases with less children for more information please visit attacks Calm.