

Three Important Changes to the Earned Income Credit
Three important changes to the EIC guidelines make this credit a potentially exciting option for more tax payers. First, for 2021, childless workers and couples, younger workers and senior citizens now qualify for the EIC. Filers who are at least 19 years old, have no qualifying children and have earned income below $21,430 or $27,380 (MFJ) may be eligible for the credit. Second, the credit amount has increased for this filing group. The current maximum credit of $1,502 nearl