– Earned Income – You must have earned income from wages, salaries, tips or self-employment. Income from investments, pensions, alimony etc. does not qualify.
– AGI Limits – Your adjusted gross income (AGI) must be below the following thresholds based on filing status and number of qualifying children:
Single filers:
– $16,480 ($22,480 if married filing jointly) with no qualifying children
– $43,492 ($49,492 if married filing jointly) with 1 qualifying child
– $49,298 ($55,298 if married filing jointly) with 2 qualifying children
– $56,844 ($62,844 if married filing jointly) with 3 or more qualifying children
– Filing Status – You can file as single, head of household, widowed or married filing jointly. Married filing separately status does not qualify.
– Social Security Number – You and your dependents listed must have valid SSNs.
– U.S. Citizen or Resident – You must be a U.S. citizen or legal resident during the tax year.
– Qualifying Children – Children under 19 or full-time students under 24 count if they lived with you for over 6 months.
– Cannot Be a Dependent – You cannot be claimed as a dependent on someone else’s tax return.
