January 28, 2021 If you have low-to-moderate income, the earned income tax credit can give you a substantial financial boost. Your eligibility can change from year to year, so it's a good idea to use the EITC Assistant to find out if you qualify. Eligibility can be affected by major life changes like: a new job or loss of a job unemployment benefits a change in income a change in marital status the birth or death of a child a change in a spouse's employment situation You qualify based on your income and the filing status you use on your tax return. The credit can increase if you have one or more children who live with you for more than half the year and meet other requirements. Visit IRS.gov to learn more.