January 20, 2020 If you have low to moderate income, you might benefit from the earned income tax credit. This credit can lower the tax you owe or result in a refund. Eligibility You must have earned income of $55,952 or less. You must file a federal tax return claiming the credit even if no tax is due and filing a return is not otherwise required. Review your EITC eligibility if your household income or family situation has changed. Use the EITC Assistant on IRS.gov to help you figure out if you qualify.