Take a moment to review what you have covered in this lesson.
The EIC is a refundable credit available to low- to moderate-income workers who meet certain income, filing status, and residence requirements. The income requirements depend on whether the taxpayer has zero, one, or more qualifying children and/or files a joint return.
Eligible taxpayers can receive a refund of this credit even if they owe no tax and had no income tax withheld.
The earned income credit can be claimed on Form 1040EZ, Form 1040A, or Form 1040. Taxpayers who claim the EIC based on qualifying children must use Form 1040A or Form 1040.
A taxpayer has a qualifying child for the EIC if the child meets the relationship test, residency test, and age test.
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