EARNED INCOME TAX CREDIT (EITC)
01.Core Concepts
Qualification • Must have earned income (employee or self-employed) • AGI must not exceed phaseout amount • See Exhibit 9.15 • Investment income < $12,200 (2026) • If qualifying child, must meet: • Relationship, age, and residency tests • If no qualifying child: • Taxpayer (or spouse if married) must be at least age 25 and under age 65.