Earned Income Tax Credit (EITC) (ASL) - YouTube video text script
Hi, I’m Thomas and I work for the IRS.
If you worked any part of last year and your income was around $49,000 or less, see if you qualify for the Earned Income Tax Credit or EITC. You can check by using the EITC Assistant on IRS.gov.
The EITC could put extra money in your pocket.
Exactly how much depends upon your income, family size and other factors.
Workers with no kids usually get less, while families usually get more.
The credit could be worth as much as $5,700.
The average credit last year was around $2,100.
So, if your income was around $49,000 or less, whether you were an employee or you were self-employed including your farm income, you should definitely look at the EITC.
But you can only get the EITC if you file a federal tax return and claim the credit.
There are many ways to do this for free.
First of all, you can use brand-name tax software through IRS Free File—exclusively at IRS.gov.
And you can also get help to prepare a federal tax return and claim the EITC at one of four hundred IRS Taxpayer Assistance Centers or one of thousands of Volunteer Tax Help sites across the country.
Check IRS.gov for a site near you.
EITC can make life a little easier. So, visit IRS.gov/EITC to find out if you qualify.