Thousands of Ohio’s low- to middle-income working families are not receiving all of the federal tax credits available to them. In these difficult economic times, it is important that your family receives the maximum tax refund possible. The Earned Income Tax Credit (EITC) is a federal program that allows employees who work for low wages to receive a larger tax refund. Your EITC refund is based on the number of children in your household and your annual taxable income.
The IRS estimates that 20 percent of Ohioans who are eligible for EITC do not claim it. To find out how you can enjoy the benefits of this program, visit the EITC website.
Here are the annual earnings maximums for Tax Year 2009:
- Individuals: $18,440
- Individual with 1 child: $35,463
- Individual with 2 children: $40,295
- Individual with 3 or more children: $43,279
- Married couple: $18,440
- Married couple with 1 child: $40,463
- Married couple with 2 children: $45,295
- Married couple with 3 or more children: $48,279